30/05/24

The Incidence Of Corporate Income Taxes: Much Debated, Little Understood

Corporate tax changes always stir up heated debates across the political spectrum. The 2017 Tax Cuts and Jobs Act (TCJA) was no exception. In that year, Congress passed a historic reduction in the federal headline corporate tax rate from 35 per cent to 21 per cent under a Republican controlled White House, Senate and House. [1]

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