Reported about 1 year ago
In an effort to stop corporate tax hikes, former President Donald Trump discusses further cutting the corporate tax rate with CEOs, aiming for 20%. On the other hand, President Joe Biden's chief of staff, Jeffrey Zients, emphasizes the importance of global alliances to businesses during a meeting with the Business Roundtable in Washington. The Business Roundtable is campaigning to keep the corporate tax rate at 21%, while Democrats and Republicans are at odds over tax code revisions, with Biden proposing a corporate rate increase to 28% to fund programs for the middle class.
Source: YAHOO