4 min read.Updated: 19 Oct 2020, 02:09 PM ISTRichard Rubin, The Wall Street Journal
A potential Democratic sweep means companies can no longer take the 21% rate for granted
On paper, the 21% U.S. corporate tax rate was a permanent cornerstone of the 2017 tax law, a boon to business without the expiration date attached to other provisions. In reality, that low rate is only as solid as Republicans’ ability to wield power in Washington.
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