---
title: "CNBC: Trump’s Treasury Pick Says He Wants to Slash Taxes Across the Board"
url: https://burnaze.com/article/1305b3ab-984e-413e-862a-d6eea0375709
source: "1851 Franchise"
original_url: https://1851franchise.com/cnbc-trumps-treasury-pick-says-he-wants-to-slash-taxes-across-the-board-8120
category: "General"
published: 2016-11-30T16:11:02.000Z
modified: 2026-11-01T04:14:13.335Z
image: https://newimage.1851franchise.com/cdn-cgi/image/quality=85,format=webp,width=1280,height=720/story/featureImage/d91924189b8170714e3b55b071d4d2e38654.jpg
---

# CNBC: Trump’s Treasury Pick Says He Wants to Slash Taxes Across the Board

**TL;DR:** Steve Mnuchin, tapped for Treasury secretary, aims to stimulate economic growth and create jobs through tax reform. He plans to reduce corporate tax rates and simplify taxes for average citizens.

*originally published in 1851 Franchise on 2016-11-30. [Read the original](https://1851franchise.com/cnbc-trumps-treasury-pick-says-he-wants-to-slash-taxes-across-the-board-8120).*

## Story

This morning, Steve Mnuchin confirmed he’s been tapped for Treasury secretary. The Hollywood producer and former Wall Street executive told CNBC on Wednesday that his focus will be “stimulating economic growth and creating jobs through tax reform.”

A major goal of the Trump campaign is to reduce corporate tax rates from 30 percent to 15 percent, and Mnuchin is on board with trying to make that happen.

"Our most important priority is sustained economic growth, and I think we can absolutely get to sustained 3 to 4 percent GDP, and that is absolutely critical for the country," Mnuchin told CNBC. "To get there, our number one priority is tax reform. This will be the largest tax change since [President Ronald] Reagan."

Another goal of Mnuchin’s is to simplify taxes for the average citizen. "Taxes are way too complicated, and people spend way too much time worrying about ways to get them lower," he said.

## Entities

- 1851 Franchise (publication)
- General (sector)
- economic growth (topic)
- tax reform (topic)
- treasury secretary (topic)

---
Originally reported by 1851 Franchise (https://1851franchise.com/cnbc-trumps-treasury-pick-says-he-wants-to-slash-taxes-across-the-board-8120). Summarized by Burnaze (https://burnaze.com/article/1305b3ab-984e-413e-862a-d6eea0375709).