US Chamber Asks Congress to Avoid Pushing Up Corporate Taxes From 21 Percent
By Naveen Athrappully The U.S. Chamber of Commerce asked Congress not to raise corporate taxes next year and to support “pro-growth tax policies” that ensure robust economic gains. In 2017, then-President Donald Trump signed the Tax Cuts and Jobs Act (TCJA), which reduced the corporate tax rate in the United States from 35 percent to 21 percent. This reduction “increased the aftertax…
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