How the Trump Tax Cut Is Helping to Push the Federal Deficit to $1 Trillion
Corporate income tax collections are near a 75-year low, as a share of the economy, after a new law reduced rates and allowed companies to deduct investments immediately. [Source]
Publication Date:Origin: nytimes.com
Category: Federal Budget (US)
Topics: immediately, investments, deduct, companies, allowed, rates, reduced, economy, share, 75-year, collections, income, Corporate, Trillion, Deficit, Federal, Helping, Trump
Source: https://www.nytimes.com/2018/07/25/business/trump-corporate-tax-cut-deficit.html?partner=rss&emc=rss