> Imagine the tax rate was 100%, but you could deduct 100% of R&E expenses, and you spent 100% of your income on R&E. You would pay zero dollars in taxes.
No. The Democrats added a new minimum corporate tax last time they were in power. As I have to keep repeating, their policies and actions are all about taxing companies more which why they didn't repeal the R&D exemption removal. They consider it a tax loophole that companies abuse to pay less taxes.
Kamala's proposal was to increase the minimum corporate further.
No. The Democrats added a new minimum corporate tax last time they were in power. As I have to keep repeating, their policies and actions are all about taxing companies more which why they didn't repeal the R&D exemption removal. They consider it a tax loophole that companies abuse to pay less taxes.
Kamala's proposal was to increase the minimum corporate further.