One of the most important provisions in the new House GOP tax plan is the disallowance of the business deduction for net interest expense. While this is not the sort of tax provision that most individuals handle on a day...
Corporate Taxes: Falling Behind by Standing Still
The United States has been slipping from a position of economic competitiveness in recent years, in part because of changing corporate tax rates across the globe. Once a leader internationally, waves of tax reform in dozens of countries have left the U.S. burdened with one of the highest corporate tax rates in the world, slowing new investment and job growth. Produced by the Tax Foundation in Washington, D.C.
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