Difference between revisions of "Corporate income tax rate"

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(35 percent => 25 percent)
 
(The Trump administration argues that dropping corporate taxes would keep more money in the U.S., increase investment, create jobs, and in the long run help the economy)
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The '''corporate income tax rate''' in the United States is currently 35 percent. A House bill passed in November 2017 would lower that rate to 20 percent, if the Senate agrees.  
 
The '''corporate income tax rate''' in the United States is currently 35 percent. A House bill passed in November 2017 would lower that rate to 20 percent, if the Senate agrees.  
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* The Trump administration argues that dropping corporate taxes would keep more money in the U.S., increase investment, create jobs, and in the long run help the economy.<ref> [https://www.forbes.com/sites/eriksherman/2017/04/24/trumps-corporate-tax-slash-ignores-how-litte-companies-already-pay/#3bc46a7a58aa Forbes: Trump's Corporate Tax Slash Ignores How Little Companies Already Pay]</ref>
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==References==
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<references />
  
 
[[Category: Economics]]
 
[[Category: Economics]]
 
[[Category: U.S. Politics]]
 
[[Category: U.S. Politics]]

Revision as of 07:26, 17 November 2017

The corporate income tax rate in the United States is currently 35 percent. A House bill passed in November 2017 would lower that rate to 20 percent, if the Senate agrees.

  • The Trump administration argues that dropping corporate taxes would keep more money in the U.S., increase investment, create jobs, and in the long run help the economy.[1]

References

  1. Forbes: Trump's Corporate Tax Slash Ignores How Little Companies Already Pay