Institute on Taxation and Economic Policy

September 18, 2017

Associated Press: Doubts Arise on Whether Corporate Tax Cut Would Boost Growth

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The AT&T executive added that “anything” would be an improvement on the current corporate tax rate of 35%.

But like many corporations, AT&T also benefited substantially from tax breaks between 2008 and 2015, saving as much as than $38 billion, according to an analysis by the left-leaning Institute on Taxation and Economic Policy. The administration has yet to spell out all the possible tax breaks that would be eliminated to pay for lower rates. Read more