US presidential candidate Bush to propose 3 tax rates, 20% corporate tax

I'm sure there'll be plenty more along the lines of tax cuts etc in the lead up to the US elections next year

An early proposal from Presidential hopeful Jeb Bush:

Three income-tax rates: 10%, 25% and 28%, plus a 20% corporate rate and immediate expensing on new investment

• The Wall Street Journal with the details (gated)

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Also, via Reuters:

• Says that to encourage u.s. companies to bring home $2 trillion in overseas profits, he would assess one-time tax of 8.75 percent payable over 10 years