In enacting a tax cut that is projected to raise annual federal-budget deficits to nearly $1 trillion in the coming years, Washington could be trading more growth now for the risk of more pain down the road.
By Adding To The Debt, Tax Cuts Could Complicate Next Downturn
WSJ.com: US Business, Wall Street Journal: Business
Sun, 01/21/2018 - 9:12pm
BING NEWS:
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Many provisions from the Tax Cuts and Jobs Act, or TCJA, of 2017 are slated to expire after 2025 without changes from Congress. The federal budget deficit could complicate proposals from former ...
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One of the principal motivations was to make the U.S. tax code competitive with the rest of the world by lowering the marginal corporate tax rate from 39 percent to 21 percent, roughly the average for ...
05/10/2024 - 3:30 am | View Link - More
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