OMB's Mulvaney Says Trump's Focused on 15% Tax Rate

The video discusses the goals of tax reform, emphasizing a 15% corporate tax rate to boost economic growth and competitiveness. It highlights the need for simpler tax processes for the middle class and the importance of achieving sustained 3% economic growth to balance the budget. The discussion also covers international tax comparisons and the necessity of fiscal discipline.

According to the text, what is the average corporate tax rate among developed nations?

What is the significance of achieving a sustained 3% economic growth rate?