President Biden’s proposal to hike the corporate tax rate to 28% would shrink the U.S. economy and eliminate more than 138,000 jobs over the next decade, according to an analysis by the nonpartisan Tax Foundation.
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President Biden’s proposal to hike the corporate tax rate to 28% would shrink the U.S. economy and eliminate more than 138,000 jobs over the next decade, according to an analysis by the nonpartisan Tax Foundation.