Republicans and business groups complain that the 35 percent corporate tax rate is among the highest in the world, leaving American companies at a disadvantage.
Obama Offers To Cut Corporate Tax Rate To 28%
By JACKIE CALMES, New York Times
Tue, 02/21/2012 - 10:02pm
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BING NEWS:
- Louisiana House greenlights Gov. Jeff Landry's tax cuts
Louisiana’s GOP-dominated House of Representatives has overwhelmingly passed individual and corporate tax cuts, along with a constitutional amendment ...
11/12/2024 - 1:18 pm | View Link - Corporate tax cut may have adverse effect on smaller, local businesses
Without tax credits like those for digital media, small and medium-sized S corporations could face higher overall costs, reducing their competitive edge–the opposite of what the bill intends.
11/12/2024 - 3:28 am | View Link - Fed cuts interest rates a second time but economists say 2025 outlook uncertain
Many economists still expect another quarter-point cut ahead in December. But expect more debate on the Fed's path in 2025.
11/11/2024 - 8:46 am | View Link - Louisiana House committee advances corporate income tax cut in special session
Ways and Means Committee also votes to allow parishes to eliminate business inventory tax, double deduction for seniors and exempt prescriptions.
11/11/2024 - 4:31 am | View Link - What to expect when President Trump tries to make tax cut promises reality, even with GOP sweep in Congress
Trump promised tax cuts for individuals and businesses. With deficit hawks in the GOP and bond market fixated on rising debt, a GOP sweep may not be enough.
11/11/2024 - 3:09 am | View Link - More
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