NEW YORK, Sept 16 (Reuters) - While U.S. corporate taxes and interest rates fell over the past 40 years, the federal deficit soared. Does that mean the federal government is now justified in taking a ...
Before the 2017 Tax Cuts and Jobs Act (TCJA), it had been 30 years since any major tax cuts and revisions took place in the U.S. tax code. While most other countries had slashed their rates in those ...
Louisiana’s Revenue Estimating Conference reported a $217 million excess in tax revenue, despite the state lowering income ...
The Trump Administration has outlined ambitious economic goals: winning the AI race, “unleashing” American energy and reducing corporate tax rates. While these objectives aim to solidify America’s ...
New York Mayor-elect Zohran Mamdani won his election running on affordability, and pledging to make New York City more affordable for working people. Yet one of his core campaign promises—increasing ...
The Illinois corporate tax rate applies to certain businesses operating in the state and consists of a flat income tax rate and a separate personal property replacement tax. As of 2025, the corporate ...
California has a high corporate tax rate and strict rules, but its large market and strong economy can benefit some businesses. Companies incorporated or operating in the Golden Gate state should ...
Sen. Rand Paul (R-KY) is pushing to slash the corporate tax rate, among other tax changes, as the Senate begins the marathon voting process for the One Big Beautiful Bill Act. Paul introduced an ...
House conservative proposals to raise corporate taxes to offset the cost of President-elect Trump’s tax package are going over like lead balloons in the Senate, where Republicans are warning their ...
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