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But that doesn’t mean critics won’t try to misrepresent the tax bill ahead of President Trump’s State of the Union Address tonight. Here’s how to set the record straight. “American Businesses Can’t Compete” Tax reform will increase after-tax incomes for businesses, allowing them to invest more in their workers. http://ow.ly/KVwc30i5sxp Cutting the corporate income tax rate […]
$353 billion: that’s the drop in revenue Congress can expect if it were to extend provisions otherwise scheduled to expire in the recently-passed Tax Cuts and Jobs Act (TCJA), according to a new analysis from the National Taxpayers Union Foundation (NTUF). In the newest edition of its paper series called “The Baseline,” which examines legislative […]
A staggering 13 billion dollars. More than the value of the entire “Star Wars” franchise.