Political Quotes

Bob Menendez Jr.: I think the average effective tax rate paid by U.S. corporations... dropped after the Trump tax bill, the effective…

On the recordJune 15, 2021
I think the average effective tax rate paid by U.S. corporations... dropped after the Trump tax bill, the effective rate, by nearly half, to almost 8 percent.
Said by
Bob Menendez Jr.
Democratic · New Jersey

Editor's note · Context

Menendez discusses the significant drop in corporate tax rates post-Trump tax cuts.

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