Let the Debate Begin
Every year, the federal government looks into America’s trillion-dollar pot of corporate profits and ladles out a few hundred billion for itself. The basic idea is simple. Government needs money. Corporations have lots of it. For most citizens that feels right. It is an approach to fundraising that has a lot of visceral appeal. The government’s tool for this task is the federal tax on corporate profits.
KeywordsCorporate Rate Corporate Profit Congressional Budget Office Means Committee Republican Senator
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