Trump's late push for huge new corporate tax cuts
Taxes,Corporate Taxes,Tax Cuts,Tax Reform,Big Business,Business
From the Left
AllSides Media Bias Rating: Lean Left
The Trump administration is pressing Congress to dramatically expand the number of business-friendly tax cuts in a budget bill that's already complicated and costly.
Why it matters: New additions, such as full expensing to build new factories in the U.S., are leading to confusion among senators and staffers on what President Trump absolutely must have in his tax bill, and how much it will ultimately cost.
- "Everything here comes down to, how do you pay for it and how does it fit into our other priorities?" Sen. Tom Tillis (R-N.C.) told Axios...
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