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