December 24, 2022

Yahoo Finance: These 23 Companies Got $50 Billion in Tax Breaks Due to a Trump Tax Law

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The government spending bill that was just passed through the Senate and awaits approval from Congress is estimated to total nearly $1.7 trillion.

While it will fund a variety of initiatives like aid to Ukraine and enhanced retirement savings, it will not extend “accelerated depreciation” tax breaks, which were initiated during the Trump administration and seen by many as corporate tax cuts.

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