Donald Trump promised a room full of business leaders he would cut taxes and roll back regulations, but they also laughed at one of his proposals.
Sources who attended the meeting Thursday in Washington, D.C., told CNBC that the presumptive Republican presidential nominee told the CEOs gathered at Business Roundtable’s quarterly meeting that, if re-elected, he would cut income taxes and restore the economic policies he pursued in his first term.
“We’re going to give you more of the same for the next four years,” Trump said, according to a person who was in the room.
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He pledged to reduce the federal corporate tax rate down from 21 percent to 20 percent, and Trump then floated a proposal to eliminate taxes on worker tips, which he trotted out over the weekend at a campaign rally in Nevada, but the CEOs were apparently unmoved by that proposal.
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"Trump then told the CEOs a story about how excited tipped workers were about his proposal, prompting laughter from the corporate leaders, according to multiple people," CNBC reported.
The executives in attendance including Apple CEO tim Cook, JPMorgan Chase CEO Jamie Dimon, Citigroup CEO Jane Fraser and Bank of America CEO Brian Moynihan.