BBCNEWS Business Today September 6, 2024
Job for controversial billionaire elon musk. Here's ritika gupta with the details. The main highlight of donald trump's address was a push to cut the corporate tax rate to 15% for companies that make their products here in the us. This would be a big reduction from the current rate of 21%. A key policy victory from trump's own 2017 tax law set to expire in 2025. Now, while a 15% corporate rate would be a big win for large us companies, it would also contribute to rising deficits. It means big companies would end up paying far lower rates than smaller, privately held businesses, where rates can...