NEW YORK, Sept 16 (Reuters) - While U.S. corporate taxes and interest rates fell over the past 40 years, the federal deficit soared. Does that mean the federal government is now justified in taking a ...
Congressional Republicans are moving forward with their tax reform bill, and by leaving the current 21% corporate tax rate alone, their bill will be a win for working people. In 2017, the U.S.
Long Island officials and business leaders push back against a proposed corporate tax hike to 11.5%, saying the plan under ...
Nassau Republican lawmakers on Monday publicly denounced a plan set forth by New York City Mayor-elect Zohran Mamdani to ...
As a 2024 presidential candidate, Donald Trump promised to reduce the corporate tax rate from 21% — the rate set by Trump's 2017 tax law — to 15% for companies that make their products in America. His ...
This is read by an automated voice. Please report any issues or inconsistencies here. Business tax breaks cut federal revenues by $77 billion this year, fattening the pockets of rich corporate ...
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Hiltzik: Corporate tax breaks are exploding the federal deficit, but who gets the benefits?
The most famous quip ever uttered about the federal budget is the one attributed to Sen. Everett Dirksen (R-Ill.), who served 34 years in the House and Senate until his death in 1969: "A billion here, ...
New York Governor Kathy Hochul is considering raising corporate taxes as part of broader efforts to close a potential budget ...
President Donald Trump arrives with Speaker of the House Mike Johnson (R-LA) for a House Republican meeting at the U.S. Capitol on May 20, 2025 in Washington, DC. The 2017 Tax Cuts and Jobs Act was ...
Aaron McDade is a breaking news reporter for Investopedia. He is an experienced journalist who has covered everything from the latest in business and tech news to sports and international news like ...
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