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Take A QuizThe Joint COMMITTEE on Taxation estimated that in 2016, the corporate INCOME tax raised $300 billion in revenue, while what it called 'targeted subsidies' COST about $270 billion. In other words, Congress could eliminate the subsidies and cut the corporate rate nearly in half without any significant LOSS in revenue.
Posted on 25 Nov 2024, this text provides information on Joint related to James B. Stewart. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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