Here’s What the Tax Cuts Have Done for America in 2 Years
Brad Wenstrup / @RepBradWenstrup / December 16, 2019
It’s been two years this month since Congress passed and President Donald Trump signed the Tax Cuts and Jobs Act, providing the first major tax reform since 1986.
It was a historic overhaul that has delivered tangible benefits for our national economy.
The tax cuts lowered our federal corporate income tax rate, which was hurting American job creators’ ability to compete on a global stage. Previously at 35%, the U.S. rate was one of the highest in the developed world.
Now at 21%, it is closer to the average corporate income tax rate among developed countries, which allows U.S. companies to compete on a more level playing field.
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https://www.dailysignal.com/2019/12/16/heres-what-the-tax-cuts-have-done-for-america-in-2-years/
