The U.S. corporate tax rate is a key battleground as Republicans and Democrats propose different rates, with potential impacts on companies' profits and federal revenue. President Biden aims to raise taxes on the wealthy, opposing Trump's tax cuts. The IRS is targeting tax cheats and complex partnerships to prevent tax avoidance schemes.
Republicans unveil measure eliminating taxes on tips after former President Trump proposal https://t.co/CfhZZcAodU
President Biden has called out billionaires for paying lower tax rates than public school teachers. He’s cracked down on wealthy tax cheats and freeloading corporations. And he’s making it clear that this election will decide whether the rich and powerful pay a fair share. https://t.co/RRnyKXcGnw
Donald Trump has put forward the idiotic suggestion that we should replace the entire federal revenue system with tariffs, which would necessitate tripling the cost (very likely, more than tripling the cost) of imported goods https://t.co/bJzevOG39k