The Numbers Are In, and Trump's Tax Cuts Are a Bust

This tax bill was constructed on a foundation of lies. To cite one
obvious example, the real U.S. corporate tax rate has never been near
the oft-cited 35 percent level. As recently as 2014, the Congressional
Research Service estimated that the effective
rate (the net rate paid after deductions and credits) was around 27.1
percent, which was well in line with America’s international
competitors.

Publisher: Truthdig | Author: Marshall Auerback

TAGS
governance, republicans, tax policy, and trump agenda
DATE PUBLISHED
2019-07-16 (Modified: 2019-07-16)

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https://www.truthdig.com/articles/the-numbers-are-in-and-trumps-tax-cuts-are-a-bust/

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