Reuters: U.S.

Sunday, November 25, 2018

News Alert: Business groups brace for Dem push to hike corporate taxes

 
 
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Business groups brace for Dem push to hike corporate taxes
The business community is bracing for Democratic proposals to raise the corporate tax rate to pay for infrastructure spending and other priorities.

Infrastructure is seen as one of the rare areas where Democrats and President Trump might be able to come to a deal, since both sides have called for improvements to the nation’s roads, railways and bridges.

The problem is how to pay for the new spending.
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