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(The Center Square) – Amid a push to raise the annual cap on property tax increases statewide, Sen. Phil Fortunato, R-Auburn, wants the Legislature to exempt around 500,000 senior citizens ...
In addition to previous calls to raise the corporate income tax rate to 28% from 21% currently, he called for an increase to "at least 21%" for the 15% corporate minimum tax that he won as part of ...
Congress’s Joint Committee on Taxation says full repeal would cost the Treasury $89 billion in foregone revenue per year. That’s a lot. Biden’s plan to raise the corporate tax rate from 21% ...
Democrats are eyeing targeted taxes on billionaires to pay for their safety net expansion. They're rushing to wrap up talks with Manchin and Sinema.
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Possible areas to be examined by the committee included: revenue increases, including raising taxes; tax reforms, such as simplifying the tax code and eliminating some tax breaks and loopholes; military spending cuts; and measures to reform and slow the growth of entitlement programs, including Medicare, Medicaid, and Social Security. [17]
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For premium support please call: 800-290-4726 more ways to reach us