Thursday, November 9, 2017

House Signals Openness to Delaying Cut in Corporate Tax Rates

The clowns aren't even going to cut corporate tax rates.

House Speaker Paul D. Ryan opened the door Wednesday to delaying the implementation of a new 20% corporate tax rate — the cornerstone of President Trump’s plan — amid worries that the GOP proposal will exceed its target of adding no more than $1.5 trillion to the deficit, reports the Los Angeles Times.

And they are only going to be able to introduce corporate cuts in outside years by reversing individual tax cuts in those years. SEE: Tax Cuts For Many in Trump's Tax Reform Will Be Reversed in Later Years


No comments:

Post a Comment