Goldman CEO dishes on Trump’s tax plan
By
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Kevin Dugan
Published
April 30, 2017
Updated
April 30, 2017, 6:20 a.m. ET
Even Goldman Sachs’ investors think they have a hand in the White House.
Lloyd Blankfein, the bank’s CEO, was needled by investor Mindy Wasserman over the “Goldman Sachs tax plan” during the company’s annual shareholder meeting in Jersey City on Friday.
“I heard about this tax plan when you did,” Blankfein said.
On Wednesday, the White House released a one-page plan that’s been called a boon for Goldman and other Wall Street firms. It would lower the corporate tax rate to 15 percent, from 35 percent now.
“I tell you, I had more than enough time to read the one page, and on the other hand I haven’t done enough work to come up with the exhibits or appendix on my own,” Blankfein said to the laughter of shareholders.