Tuesday, September 26, 2017

Trump Tax Cuts

“Second, we will cut taxes tremendously for the middle class -- not just a little bit, but tremendously. That includes nearly doubling the standard deduction that most families take on their taxes, and increasing the child tax credit families really want, and we've talked about it for a long time.
Third, we will lower tax rates for businesses to create more jobs and higher wages for Americans. America has the highest business tax rate in anywhere in the developed world. We're the highest-taxed nation in the developed world, and I think in the undeveloped world too.”

International Comparisons of Corporate Income Tax Rates - Includes the Effective Corporate Tax Rate which is 18.6

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