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The $1.5 trillion bill reduced the corporate federal tax rate from 35% to 21%, [234] its lowest point since 1939. [235] The bill also cut the individual tax rate, reducing the top rate from 39.6% to 37%, although these individual tax cuts expire after 2025; [ 234 ] as a result, "by 2027, every income group making less than $75,000 would see a ...
Ethiopia, [c] officially the Federal Democratic Republic of Ethiopia, is a landlocked country located in the Horn of Africa region of East Africa.It shares borders with Eritrea to the north, Djibouti to the northeast, Somalia to the east, Kenya to the south, South Sudan to the west, and Sudan to the northwest.