Higher Rock Education - Economics Blog

Words You Need to Know to Understand President Trump’s Tax Proposal and How It Will Affect You

Friday, April 28, 2017

President Trump unveiled his vision for overhauling the US Tax Code on Wednesday. Included were large tax cuts to corporations and the wealthiest of individuals. How will this affect you? Click to learn find out. More

US Corporate Tax Rates - Are They Too High?

Tuesday, March 28, 2017

Who should we believe? Many leaders, including President Trump, state that US corporations are among the highest taxed companies in the world. Other leaders, including Senator Bernie Sanders, point to many profitable companies that did not pay income tax recently. “27 giant profitable companies paid no tax” in 2015 according to an article in USA Today written in March 2016 by Matt Krantz. His list includes General Motors, American Airlines, Xerox, and many more well-known companies. Mr. Krantz was referring to the US income tax. Many conclude American companies are not taxed enough. More


1

© 2018 Higher Rock Education and Learning, Inc. All rights reserved. No portion of this site may be copied or distributed by any means, including electronic distribution without the express written consent of Higher Rock Education and Learning, Inc.