3 days ago | By Business Insider
Summary List Placement There's an unlikely supporter of President Joe Biden's proposed 28% corporate tax rate: A former top advisor to President Donald Trump, who served as the architect of his 2017 tax law that cut the rate all the way down from 35% to 21%.
On Wednesday, a video resurfaced of Gary Cohn - formerly the National Economic Council director under Trump - saying he backs a corporate tax increase. It was posted by the Center for American Progress, a liberal-leaning think tank.
"I'm actually okay at 28%. The level we got to in our tax plan on the corporate side was actually a bit...
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3 days ago | By RT
New research from the US National Association of Manufacturers found that about one million jobs would be lost in the first two years if the corporate tax rate increased to 28% and other policies went into effect.
The study , which was conducted by Rice University economists for the NAM, calculated the impact of increasing the corporate tax rate. It said that global domestic product would be down $117 billion by 2023, $190 billion in 2026, and $119 billion in 2031.
Under the plan, announced by the US Treasury Department, the corporate tax rate could be raised to 28% from the current 21%...
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3 days ago | By Newsweek
White House aides and U.S. business lobbyists say Biden will likely compromise to increase the corporate tax rate to 25%.
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Summary List Placement Ali Akbar Salehi, the head of Iran's Atomic Energy Organization, described a Sunday morning blackout at its Natanz uranium enrichment facility as an act... Read more ...
Summary List Placement Following is a transcript of the video. Michael Mills: This is a wasp nest. In the wild, some of these nests are built underground using clay or mud. But... Read more ...
Buying Nuance could bolster Microsoft's assets in voice software, where it already has technology for developers. Read more ...
Las Vegas' housing market is in overdrive. Homes are selling rapidly, prices are setting record highs and many buyers are paying cash. Read more ...
Economy desk: NY's Lockdown Self-Harm The “Great Lockdown” of 2020, laments The Wall Street Journal's editorial board, involved massive, “self-inflicted” harm - but some states... Read more ...
Summary List Placement Following is a transcript of the video. Nina Shapiro: There is no such thing as a superfood. There are a lot of foods that are super good for you, and... Read more ...
Summary List Placement Following is a transcript of the video. Narrator : In 1968, about 6,000 sheep died near this government facility. They were poisoned by a chemical weapon... Read more ...
Project for Pride in Living to develop building, hire "diverse workforce." Read more ...
Pandemic-driven rise in online shopping has widened the trove of data available to companies as they target consumers. Read more ...
As restrictions ease and vaccinations rise, owners say there are more openings than available workers. Read more ...