(Marketwatch) House Democrats expect to propose raising the corporate tax rate to 26.5% from 21% and imposing a 3 percentage-point surtax on individual income above $5 million, according to a House Democratic aide familiar with the plans. The tax increases would be part of the House Ways and Means Committee’s plans to pay for the party’s priorities in a fast-moving budget bill.
House Democrats may propose raising corporate tax rate to 26.5%
This entry was posted in Syndicated. Bookmark the permalink.
