Kamala Harris Tax Increase Will Hit Pennsylvania with 34% Corporate Rate, Much Higher Than Competitors
August 22, 2024
August 22, 2024
WASHINGTON, Aug. 22 [Category: Political] -- Americans for Tax Reform issued the following news:
Pennsylvanians will be saddled with a 34% combined federal-state corporate rate under the Kamala Harris call to raise the federal corporate tax rate to 28%.
Pennsylvania's all-in 34% rate under the Harris plan is much higher than communist China's 25%, the world average rate of 23.5%, the EU average of 21% and the Asia average of 19.8%. (See the Tax Foundation' . . .
Pennsylvanians will be saddled with a 34% combined federal-state corporate rate under the Kamala Harris call to raise the federal corporate tax rate to 28%.
Pennsylvania's all-in 34% rate under the Harris plan is much higher than communist China's 25%, the world average rate of 23.5%, the EU average of 21% and the Asia average of 19.8%. (See the Tax Foundation' . . .