Witte said the people who may benefit from this bill are the ones who don’t take any deductions at all, because they’d be paying slightly lower income tax rates. Businesses and individuals who ...

One of the most impactful changes the Tax Cuts and Jobs Act had on American businesses and the U.S. economy was to reduce the corporate income tax rate from 35% to the 21% rate it is today.

SB 1 cut residential property taxes. About two-thirds of Hoosier families will see cuts of under $100 per year, and about ...

Owners of Coachella Valley cannabis businesses have said they face ... approved an ordinance on Tuesday that will reduce the cannabis retail tax rate from 10% to 5% of gross sales once it goes ...

The promise was made to extend the 2017 tax cuts, which includes keeping the 37% top bracket, 3 percentage point cuts down the line for the lower ... tax rate is paid by small business owners ...

Another option: enact the 2-cent real estate tax increase and reduce the personal property tax rate by 8 cents, which will generate $7.4 million annually for public safety. A third option that ...

And New York is more vulnerable than other major markets to a downturn because the cost of doing business ... per year. Lower rates as a result will equal more tourists and more tax revenue.

History has shown time and again that reducing marginal tax rates — particularly on individuals, entrepreneurs and small businesses ... was no exception. The lower corporate and personal ...

Source: AAP Image/Diego Fedele. New small businesses will face lower corporate tax rates, and technology upgrades will cop bonus tax deductions, according to election promises floated by ...

The tax break, which took effect a decade ago, excludes companies’ first $100,000 in revenue from being taxed under ...

Yesterday was tax ... business. Always has been. He’s also well acquainted with the Laffer curve as he presented Arthur Laffer with the Presidential Medal of Freedom during his first term. The Laffer ...

I have claimed business losses two years ago under the ... test reveals —all you need to know The new regime offers lower tax rates but fewer deductions. Hence, a comparative tax computation ...