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Trump Vs. Harris: How The Candidates' Corporate Tax Proposals Stack Up

Benzinga LogoBenzinga1d ago

Trump Vs. Harris: How The Candidates' Corporate Tax Proposals Stack Up - Benzinga

Quick Summary:

Republican candidate Donald Trump and Democratic candidate Vice President Kamala Harris have presented their ideas on corporate tax policy while on the campaign trail. 

Tax Cuts and Jobs Act: The Tax Cuts and Jobs Act (TCJA) was signed into law in 2017 and significantly overhauled the U.S.tax code.

Under the TCJA, corporate tax cuts reduced the average effective tax rate for large corporations from 22% to 12.8% with many of the largest and most profitable corporations seeing the largest tax breaks.


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Article Details

Author / Journalist: Erica Kollmann

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-30 @ 12:45:17 (1 days ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 599 words

Reading Time: 4 minutes read

Sentences: 27 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 23338556

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About Benzinga

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Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 27 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 10 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #53

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  • URL: https://beamstart.com/news/trump-vs-harris-how-the-17302926261450

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