Income Tax

BIG CORPORATIONS Industries like big retailers will benefit from the new corporate rate of 21 percent, since those companies pay relatively close to the full 35 percent rate. Other aspects of the corporate tax cuts will be enjoyed by an array of multinational industries, particularly technology and pharmaceutical companies, like…

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While the Republican leadership claims to be unified on the tax plan they must now sell it to lawmakers who have proved to be deeply divided this year. At a House retreat on Wednesday morning, Representative Kevin Brady of Texas, the Republican chairman of the Ways and Means Committee, walked…

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