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by ivewonyoung
305 days ago
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> Imagine the tax rate was 100%, but you could deduct 100% of R&E expenses, and you spent 100% of your income on R&E. You would pay zero dollars in taxes. No. The Democrats added a new minimum corporate tax last time they were in power. As I have to keep repeating, their policies and actions are all about taxing companies more which why they didn't repeal the R&D exemption removal. They consider it a tax loophole that companies abuse to pay less taxes. Kamala's proposal was to increase the minimum corporate further. |
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