Lawmakers can keep the tax code fair by increasing the 20% small business tax deduction to 25% at the same time they reduce the corporate rate to 15%.This larger deduction means a small business ...

One of the most significant changes for most Americans included lower income tax rates. The top rate fell from 39.6% to 37%, the 33% bracket dropped to 32%, the 28% bracket dipped to 24%, the 25% ...

Portsmouth wants to establish a lower tax rate for business boats weighing less than 5,000 pounds. A capsized boat sits in the water at Holiday Harbor in Portsmouth on Wednesday, Feb. 26, 2025.

A new proposal to lower taxes for most businesses in Seattle could be coming to voters later this year. Mayor Bruce Harrell and Councilmember Alexis Mercedes Rinck announced the plan that would ...

Now, however, the tens of millions of small businesses that benefited from the lower rates, tax cuts, reductions and other reforms made by the TCJA face a looming tax hike if Congress doesn’t ...

Lowering the corporate tax rate to 21 percent in 2017 enabled the private businesses to better innovate and provide jobs to many Americans. Increasing the corporate tax rate would punish ...

Trump wants to further slash the corporate income tax rate by 29%. To be clear, there's a lot we don't know about what policy proposals we might see from the incoming administration. Even though ...

She hopes the lower tax rate helps drive in more customers, and said they’re expecting a rush on their opening day on Saturday. “We couldn’t do it without our team and our customers that ...