I am hearing the tax increases are “loopholes” being removed and it is a deal that includes corp tax rate reductions.
Who knows... we will see.
If they are talking about “loopholes” more power to them. If they are talking about legitimate deductions then the pitchforks are coming out.
If done correctly this would be a good thing.... WE ALL KNOW only big well connected companies get the tax breaks that bring rates down to 10%, 5% or 0%, while job creating companies get the shaft. A 15% to 20% corporate rate with closed loophole would help with the unsettle business climate in these United States.