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Published 2 years ago

House Democrats Eye 26.5% Corporate Tax Rate

Summary by Ground News
House Democrats are expected to propose raising the U.S. corporate tax rate to 26.5% from 21%. Democrats are also expected to proposing a 3% surtax on individual income above $5 million. They are also considering raising the minimum tax on U.s. companies’ foreign income to 16.5%.

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  • 42% of the sources are Center
42% Center
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