Kies, a corporate lobbyist, is set to aid Trump in pursuing further tax cuts for the wealthy, advancing a regressive fiscal agenda.
The potential lowering of the corporate tax rate to 15% could yield Microsoft an annual tax break of approximately $4 billion, highlighting corporate benefits.
Kies' profile emphasizes his achievements in lobbying for major corporations, showcasing legislative success in reversing adverse regulations and enacting favorable laws.
If confirmed, Kies and Bessent would drive Trump’s second administration's push for the extension of the controversial 2017 tax cuts for the wealthy.
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