Donald J Trump
Business Executives and Shareholder Representatives should be 100% behind Donald Trump! Anybody that’s not should be FIRED for incompetence!
THE WALL STREET JOURNAL: “Corporate Tax Rate Spurs Political Battle: Biden wants to raise current rate to 28%, while some in GOP weigh a cut to 15%: WASHINGTON—The 21% U.S. corporate tax rate is the biggest single variable in the sprawling 2025 tax debate, and the two parties are trying to turn that dial in opposite directions with major consequences for companies’ profits and federal revenue. The rate could climb as high as 28% if Democrats sweep November’s elections and move as low as 15% if Republicans gain full power. President Biden’s plan for a 28% rate would reverse half of Republicans’ 2017 rate cut, pushing the U.S. corporate rate back near the highest among major economies. A 15% rate would match the lowest level since 1935, boosting profits and rewarding shareholders.”
“Corporations won tax cuts during Trump’s presidency, and they would benefit if he wins again. [In 2017, many companies pushed for lowering the corporate tax rate to 25% from 35%, aiming for the middle of the pack amongst peer countries. Trump and congressional Republicans got the rate down to 21%… Sen. Elizabeth Warren (D., Mass.), who sits on the Senate Finance Committee, said Democrats should insist on higher corporate taxes as one of their red lines in the 2025 debate, even to the point of being willing to let the expiring tax cuts lapse. ‘Democrats don’t need to be suckers this time,’ she said Monday. ‘We can turn away from our history of bad dealmaking.’”]
Business Executives and Shareholder Representatives should be 100% behind Donald Trump! Anybody that’s not should be FIRED for incompetence!
THE WALL STREET JOURNAL: “Corporate Tax Rate Spurs Political Battle: Biden wants to raise current rate to 28%, while some in GOP weigh a cut to 15%: WASHINGTON—The 21% U.S. corporate tax rate is the biggest single variable in the sprawling 2025 tax debate, and the two parties are trying to turn that dial in opposite directions with major consequences for companies’ profits and federal revenue. The rate could climb as high as 28% if Democrats sweep November’s elections and move as low as 15% if Republicans gain full power. President Biden’s plan for a 28% rate would reverse half of Republicans’ 2017 rate cut, pushing the U.S. corporate rate back near the highest among major economies. A 15% rate would match the lowest level since 1935, boosting profits and rewarding shareholders.”
“Corporations won tax cuts during Trump’s presidency, and they would benefit if he wins again. [In 2017, many companies pushed for lowering the corporate tax rate to 25% from 35%, aiming for the middle of the pack amongst peer countries. Trump and congressional Republicans got the rate down to 21%… Sen. Elizabeth Warren (D., Mass.), who sits on the Senate Finance Committee, said Democrats should insist on higher corporate taxes as one of their red lines in the 2025 debate, even to the point of being willing to let the expiring tax cuts lapse. ‘Democrats don’t need to be suckers this time,’ she said Monday. ‘We can turn away from our history of bad dealmaking.’”]
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