Donald Trump Donald John TrumpBiden leads Trump by 36 points nationally among Latinos: poll Trump dismisses climate change role in fires, says Newsom needs to manage forest better Jimmy Kimmel hits Trump for rallies while hosting Emmy Awards MORE next week will propose a major tax cut as part of his new economic blueprint, Bloomberg News reported Friday.

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Trump plans to cut the corporate tax rate to 15 percent, Heritage Foundation chief economist Stephen Moore said Friday in an interview with Bloomberg Television.

The plan includes one of the larges tax cuts since Ronald Reagan was president.

“If you’re a working-class American, there’s no question that an agenda that cuts taxes, that gets rids of regulations, redoes some of these trade deals in ways that are pro-America, is going to help,” said Moore, who is part of Trump’s team of economic advisers.

Trump will talk about his plans for "revitalizing the American economy" in a speech Monday. Moore said the speech is "critically important" for the GOP presidential nominee.

He to remain focused on "this lousy economy that has so underperformed" if he wants to win the presidency, Moore said.

"He’s got to get back on the message of the economy, jobs,” Moore added. “He’s got to change the subject, because he’s been off message for the last week, for sure.”

The GOP nominee faced backlash last week after he criticized the family of Capt. Humayun Khan, who was killed in 2004 in Iraq. He also stirred controversy when he declined to endorse Speaker Paul Ryan Paul Davis RyanKenosha will be a good bellwether in 2020 At indoor rally, Pence says election runs through Wisconsin Juan Williams: Breaking down the debates MORE (R-Wis.) and Sen. John McCain John Sidney McCainMomentum growing among Republicans for Supreme Court vote before Election Day McConnell urges GOP senators to 'keep your powder dry' on Supreme Court vacancy McSally says current Senate should vote on Trump nominee MORE (R-Ariz.) earlier this week, before relenting Friday.