The Spoils From American Corporate Tax Reform Are Unevenly Spread

“IT’S always a lot of fun when you win,” President Donald Trump enthused after his tax package was approved by Congress in December. Company bosses nodded along. The centrepiece of the reform is a drastic cut to the corporate-tax rate, from 35% to 21%, taking it below the rich-country average.

BING NEWS:
  • Conservatives urge Ways and Means GOP to cut corporate rate, capital gains tax
    A group of conservatives, led by a group formed by former Vice President Mike Pence, wrote to the top Republican on the powerful Ways and Means Committee on Monday urging him to slash the ...
    12/23/2024 - 1:00 am | View Link
  • Tax lobbyists worry border bill could derail reform efforts
    Tax lobbyists are worried Congress could endanger highly anticipated tax reform if it uses the first reconciliation bill to shore up immigration and border security funding. Tax cuts enacted in ...
    12/16/2024 - 9:00 pm | View Link
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