Browsing All Posts filed under »Business and the Economy«

Obama’s Tax Break for Corporation

February 26, 2012

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In the latest events in business and politics, President Obama has offered to cut the corporate tax rate for domestic businesses from 35 percent to 28 percent; however, the President’s tax cut for corporations requires that tax loopholes and subsides are given up by both domestic and foreign businesses (Newyorktimes.com). Meanwhile, political analysis suggests that […]