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Hosted on MSN11mon
The coming multifront battle over the corporate tax rate - MSN
The 2017 Republican tax overhaul lowered the corporate tax rate from 35% to 21% — and unlike the changes made to individual and estate tax, that cut is permanent in law.
Forbes10y
The Highest Corporate Tax Rate Should Be Zero - Forbes
The Tax Foundation recently released a report detailing the state corporate tax rates around the country. The highest statutory rate is in Iowa at 12 percent. Others in the top 10 are ...
Fox News4mon
15% corporate tax rate and 25% small business deduction should be tax ...
Lawmakers can keep the tax code fair by increasing the 20% small business tax deduction to 25% at the same time they reduce the corporate rate to 15%.This larger deduction means a small ...
NPR7y
FACT CHECK: Does The U.S. Have The Highest Corporate Tax Rate In The ...
The top corporate tax rate has been lowered over the years, for example; in the late 1960s, it was as high as 52.8 percent. But it's also true that over time, ...
Forbes8y
Keep The Corporate Tax Rate At 35% - Forbes
Moreover, they will lead to a serious problem in the tax code. Therefore, the corporate rate should remain at its current level of 35%. ... gradually depreciate it over time.
CNN10mon
Harris proposes raising corporate tax rate to 28% to help pay for ... - CNN
Vice President Kamala Harris will push to increase the corporate tax rate to 28% from the current 21%, her campaign said Monday, the first day of the Democratic National Convention in Chicago.
CBS News4y
What a corporate tax hike could mean for Americans
The Biden proposal to raise the corporate tax rate back up comes just over three years after President Trump's tax law slashed the corporate tax rate from 35% to 21%.
The Heritage Foundation16y
Time for a Real Change: Repeal the Corporate Income Tax
An OECD working paper found that total factor productivity (TFP) is 0.4 percentage point higher after 10 years from only a 5 percent reduction in the corporate income tax rate.
Time10y
Clinton Says Corporate Tax Rate He Approved Needs to Change
President Bill Clinton says it’s time to revamp the corporate tax rate that he signed into law during his tenure as the nation’s leader. Speaking at the 10th annual Clinton Global Initiative ...
Wall Street Journal2y
New Corporate Minimum Tax Could Ensnare Some Firms Over One-Time Moves
The 15% corporate minimum tax that went into effect at the beginning of this year applies to U.S.-based companies that report income to shareholders averaging at least $1 billion over three ...
Washington Examiner11mon
The coming multifront battle over the corporate tax rate
Lowering the corporate tax rate, though, would be a tall order, in part because it would entail significant losses to the Treasury — $935 billion over the next decade, according to the Tax ...