Trump backs a corporate tax cut, which JD Vance opposed before he became the VP pick

Former President Donald Trump said he’d support cutting the corporate tax rate to 15% from its current level of 21%, a move Sen. JD Vance said he opposed two months ago before he became Trump’s running mate.

That difference reflects the difficulties in reconciling their ideologies, giving corporate America a bit of whiplash. The Ohio Republican has fashioned an image as an economic populist willing to confront Wall Street and other industry titans, which has unnerved some chief executives.

“I would like to get it down to 15 [percent], if we could, because that would put us in the absolute lowest in terms of incentive,” Trump told Bloomberg Businessweek in an interview published Tuesday. He also said he’d be okay with a 20% corporate rate for “simplicity reasons.”