Americans for Tax Reform Issues Commentary: Kamala's Corporate Income Tax Hike Will Harm American Innovation
October 31, 2024
October 31, 2024
WASHINGTON, Oct. 31 (TNSres) -- Americans for Tax Reform issued the following commentary on Oct. 30, 2024:
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Kamala's Corporate Income Tax Hike Will Harm American Innovation
By John Kartch
Kamala Harris vows to raise the federal corporate income tax rate to 28%, a 33% increase from the current 21% rate. Not only is the Kamala rate higher than China's 25% rate, the Kamala tax hike will hurt American innovation.
A study published . . .
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Kamala's Corporate Income Tax Hike Will Harm American Innovation
By John Kartch
Kamala Harris vows to raise the federal corporate income tax rate to 28%, a 33% increase from the current 21% rate. Not only is the Kamala rate higher than China's 25% rate, the Kamala tax hike will hurt American innovation.
A study published . . .