Trump pledges to extend the tax cuts his administration enacted in 2017. The Tax Cuts and Jobs Act lowered the corporate tax rate from 35 to 21 percent, and Trump recently said he would like to bring down the corporate rate even further to as low as 15 percent. “We’ll do it again,...
WASHINGTON, Sept. 15 (Xinhua) -- The U.S. Senate's top Republican tax law writer on Friday cast doubt on President Donald Trump's corporate tax cut aim, reflecting the rift between the president and Congress. "Well, the president wants it down to 15 percent. That would be wonderful if...
He added that the administration will work with the Congress to try to get the corporate tax rate down to the range from 15 percent to 20 percent. During his campaign, Trump has promised to reduce corporate tax rate to 15 percent. Trump on Monday also suggested that a roll-back of busine...
recovery from the recession, the Trump tax cuts appear to be a factor in boosting confidence, particularly among businesses. The tax bill, whichMr. Trump signed right before Christmas, slashed the corporate tax rate to 21 percent from 35 percent, making the U.S. more competitive with other m...
Fulfilling a widely touted campaign promise, the Trump administration Wednesday announced the bare outlines of a plan to cut the top rate on corporate taxes from the current 35 percent to just 15 percent. The plan reportedly would also offer companies a special low tax rate on any profits sta...
Switzerland. Trump's key pitch to global political and business leaders is that America is open to their business, but on "America first" terms. The president has been talking up the effects of recently implemented tax cuts, including a big reduction in the corporate tax rate, but he also ...
Treasury Secretary Steve Mnuchin confirmed that the tax plan set to be unveiled later this afternoon will include a proposal to drive down the corporate tax rate from 35 percent down to 15 percent. Mnuchin confirmed the rate decrease at a discussion at the Newseum on Wednesday, calling it ...
“Spreads are tight, but corporate balance sheets are strong, and absolute yields are pretty attractive.” Private credit, which is generally available only to accredited investors, is a category that offers attractive yields and can insulate investors from some of the swings of public markets. ...
“I’m going to get rid of the bulk of Trump’s $2 trillion tax cut,” the former vice president said. “And a lot of you may not like that but I’m going to close loopholes like capital gains.” Biden also said he would raise the corporate tax rate to 28 percent,...
The tax bill comes at a time when the United States has one of the world's highest corporate tax rates. Statistics from the Organisation for Economic Co-operation and Development (OECD), a group of advanced economies, show that the top corporate tax rate in the United States, a combination...