Cutting the U.S. corporate tax rate would boost average household income by $4,000 a year, the White House said, contradicting many economists who say shareholders and not workers would see most of the benefit from such a reduction.

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Topics:  u.s    white house   cutting   corporate   boost   workers   income   
BING NEWS:
  • Opinion: Our aging and low-income workforce needs a broader tax break
    The earned income tax credit is a policy proven to boost economic stability for low-income workers, improve health and help people stay attached to the workforce when desired.
    04/18/2024 - 5:00 am | View Link
  • Defeat BJP to stop Loot & Plunder by Corporates!
    Vote to Defeat the BJP and its allies to free the country from the regime that guarantees loot and plunder by the corporates and divisive politics of RSS. Enable Ginger Cannot connect to Ginger Check ...
    04/11/2024 - 9:59 pm | View Link
  • Karl W. Smith: The Trump tax cuts were neither panacea nor rip-off
    Back in 2017, the debate around President Donald Trump’s tax cuts was a case study in how quickly a discussion around legitimate policy can descend into partisan nonsense. On one ...
    04/10/2024 - 2:45 am | View Link
  • Olive Garden's owner says lower-income customers are cutting back while richer diners are eating out more
    Darden Restaurants says lower-income customers are visiting its brands less often. The CEO of Darden, which owns a range of fast-casual and fine-dining chains including Olive Garden, LongHorn ...
    03/22/2024 - 12:53 am | View Link
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