While our major trading partners have spent the last two decades reducing their corporate tax rates, the U.S. corporate rate is actually higher than it was 20 years ago, and the rates that apply to small businesses are scheduled to go up in the near future rather than down.
Dave Camp: “While our major trading partners have spent the last two decades reducing their corporate tax rates, the U.S. corporate…”
Editor's note · Context
U.S. corporate tax rates have increased while other countries have reduced theirs.
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