Obama Offers To Cut Corporate Tax Rate To 28%

Corporate Tax Rate

Republicans and business groups complain that the 35 percent corporate tax rate is among the highest in the world, leaving American companies at a disadvantage.

Sections:  news   politics   
RELATED ARTICLES
  • Owner of Mystic Pizza pleads guilty to tax charges
    The owner of the Mystic Pizza restaurant made famous in a 1988 movie has pleaded guilty to federal tax charges. More
  • Professor explains wild airline rant: In-flight cigarette was ‘revolutionary’ act of ‘civil disobedience’
    A Penn State professor was arrested over the weekend in a bizarre videotaped incident that went viral. Karen Halnon, who teaches sociology at the university’s Abington campus, was flying from Nicaragua to Miami when she lit up a cigarette and ranted about Venezuela and President Barack Obama. More
  • Portman among 47 GOP senators to sign letter to Iran
    WASHINGTON — In a move Democrats denounced as trying to sabotage the Obama administration’s foreign policy, Sen. Rob Portman and 46 other Senate Republicans yesterday warned Iran’s leadership that any agreement to limit Tehran’s apparent efforts to build a nuclear bomb would need Senate approval to stay in effect beyond 2016. More
  • Coalition on immigration bill clears first tests
    The bipartisan coalition behind a contentious overhaul of immigration laws stuck together on a critical early series of test votes Thursday, turning back challenges from conservative critics as the Senate Judiciary Committee refined legislation to secure the nation's borders and offer eventual citizenship to millions living illegally in the United States. More
  • Republicans to back Obama's student loan plan
    House Republicans are willing to give President Barack Obama a rare win, the chairman of the Education and Workforce Committee said Thursday in outlining a deal that would let college students avoid a costly hike on their student loans. More
BING NEWS:
  • Trump Nixes Obama Rule to Require Airlines to Disclose Baggage Fees
    AFP/Getty Images Capping of a frenzied week of populism that began with a $1.5 trillion corporate tax cut, the Trump administration announced ... on the first screen in which the agent or carrier offers a fare quotation for a specific itinerary selected ...
    12/7/2017 - 7:00 pm | View Link
  • Obama Offers to Cut Corporate Tax Rate to 28%
    WASHINGTON — President Obama will ask Congress to scrub the corporate tax code of dozens of loopholes and subsidies to reduce the top rate to 28 percent, down from 35 percent, while giving preferences to manufacturers that would set their maximum ...
    10/23/2017 - 8:43 pm | View Link
  • The road to serfdom logic of Obama's corporate tax plan
    The best way to encourage them to repatriate this money would be to simply slash America's corporate tax rates to globally competitive levels. What would those be? America offers advantages ... It proposes to cut corporate tax rates to a mere 28 ...
    02/5/2015 - 1:52 am | View Link
  • Blame Obama's anti-business, big tax agenda for Burger King's Canada move
    Locating in Canada would cut those figures by up to 25 percent. No responsible CEO or corporate board could reasonably ignore those figures, and that’s why about 60 U.S. companies have completed or plan so called “tax inversions”—acquisitions or ...
    08/25/2014 - 11:05 pm | View Link
  • President Barack Obama pitches tax cut on Chattanooga stop (with videos, slideshows)
    President Barack Obama came to Republican-leaning Tennessee on Tuesday to pitch a new fiscal deal to cut corporate tax rates in exchange for more ... The president billed the proposal as the first of a series of offers he plans to make as part of a ...
    07/30/2013 - 4:52 pm | View Link
  • More
BING SEARCH:
  • Bush tax cuts
    The phrase Bush tax cuts refers to changes to the United States tax code passed originally during the presidency of George W. Bush and extended during the presidency ...
    12/14/2017 - 10:22 pm | View Website
  • Business News, Personal Finance and Money News
    Find the latest business news on Wall Street, jobs and the economy, the housing market, personal finance and money investments and much more on ABC News
    12/14/2017 - 9:47 pm | View Website
  • Donald Trump's Tax Plan | National Review
    Donald Trump fancies himself a financial whiz and an original thinker, but his tax plan runs up against the same problems faced by many other would-be tax-cutters ...
    12/14/2017 - 11:02 am | View Website
  • Barack Obama
    Barack Hussein Obama II (/ b ə ˈ r ɑː k h uː ˈ s eɪ n oʊ ˈ b ɑː m ə / ( listen); born August 4, 1961) is an American politician who served as the 44th ...
    12/14/2017 - 10:27 am | View Website
  • TaxVox | Tax Policy Center
    The House and Senate have passed different versions of the Tax Cuts and Jobs Act (TCJA). Both bills would reduce federal revenues by more than...
    12/13/2017 - 10:35 am | View Website
  • More

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Politics News