Corporate tax cuts could boost shareholders’ balance sheets

Dec 19, 2017
The corporate tax cuts included in the Republican tax bill — including a statutory corporate tax rate reduction to 21 percent from 35 percent, lower rates for pass-through businesses, elimination of the corporate alternative minimum tax and a tax holiday for repatriated profits — would deliver a windfall to many American companies. Those that are publicly […]

Here’s why a one-year phase-in of the corporate tax cut could be a big deal

Dec 5, 2017
One of the key parts of the GOP tax reform plan is a cut in the corporate tax rate from the current 35 percent to 20 percent. In the bill passed by the House, that cut would begin next year. The Senate bill delays the cut until 2019. One year may not seem like a […]

Chairman Brady has faith that the GOP tax cuts will pay for themselves

Nov 30, 2017
Differences in the House and Senate versions of the tax bill are solvable, the congressman says.
House Ways and Means Committee Chairman Kevin Brady (R-TX), center, and others arrive for a markup of the Tax Cuts and Jobs Act on Capitol Hill on Nov. 6.

Do tax cuts automatically lead to economic growth?

Jun 6, 2017
It depends on what kind of taxes are cut and how they are paid for.
Office of Management and Budget Director Mick Mulvaney discusses the Trump administration's proposed fiscal year 2018 budget at a press conference. The $4.1 trillion budget would cut programs for the poor while offering big tax cuts for the wealthy.
Chip Somodevilla/Getty Images

Trump tax plan is heavy on cuts but light on details

Apr 26, 2017
Those cuts have to be paid for, and the president may have trouble getting Republicans on board.
Secretary of the Treasury Steven Mnuchin and National Economic Director Gary Cohn speak about President Trump's new tax reform plan at the White House today.
Mark Wilson/Getty Images

Corporate tax hits 40-year low

Feb 3, 2012
Thanks to “bonus depreciation,” corporations paid the feds only 12.1 percent of their profits in taxes in 2011.

Study: Corporations skimp on state, local taxes

Dec 7, 2011
Matt Gardner discusses why cutting taxes to attract corporations doesn't really make sense.

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