Showing posts with label corporate tax breaks. Show all posts
Showing posts with label corporate tax breaks. Show all posts

Tuesday, September 15, 2026

Corporate tax payments plunge as AI feasts on new incentives - POLITICO

Some Democrats, including Sens. Ron Wyden (Ore.), the ranking member on the tax-writing Finance Committee, and Mark Warner (Va.), are now pushing to curb investment breaks for data centers. 

“Massive corporations should pay their fair share,” Wyden said in a statement. “This starts by fixing the corporate income tax” including “repealing big giveaways for data centers.”…

 https://www.politico.com/news/2026/09/14/corporate-tax-payments-ai-01071550


 

Friday, June 14, 2024

Courting C.E.O.s, Trump Says He Intends to Cut Corporate Taxes Again - The New York Times

Former President Donald J. Trump told a group of America's most powerful chief executives on Thursday that he intended to cut the corporate tax rate to 20 percent from 21 percent, according to three people who attended the meeting and who spoke on the condition of anonymity because the ground rules stipulated the meeting was off the record...

Tuesday, June 11, 2024

White House hits GOP over reported corporate tax cut preparations

The White House has cited warnings from economists who said that increased corporate tax cuts, paired with other Trump proposals like imposing tariffs on all imports into the U.S., could lead to a surge in inflation and further increase the national debt. 

President Biden has touted his own economic agenda, which has led to low unemployment and slow but consistent declines in inflation from its peak in 2022. But polling has shown voters are still frustrated by high costs and still trust former President Trump more on matters of the economy...

Tuesday, March 12, 2024

How Trump’s Justice Dept. Derailed an Investigation of a Major Company - The New York Times

"It appears that Caterpillar was given special political treatment that the average U.S. citizen cannot obtain," Jason LeBeau, one of the agents who worked on the investigation, wrote to the Justice Department's inspector general late last year...

Thursday, March 7, 2024

Fresh evidence: Republicans’ tax breaks didn’t pay for themselves

The corporate tax cuts came nowhere close to paying for themselves, as conservatives insisted they would. Instead, they are adding more than $100 billion a year to America's $34 trillion-and-growing national debt, according to the quartet of researchers from Princeton University, the University of Chicago, Harvard University and the Treasury Department...







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