By Naveen Athrappully The U.S. Chamber of Commerce asked Congress not to raise corporate taxes next year and to support “pro-growth tax policies” that ensure robust economic gains. In 2017, then-President Donald Trump signed the Tax Cuts and Jobs Act (TCJA), which reduced the corporate tax rate in the United States from 35 percent to […]
Tag: Taxpayer
A taxpayer may be an individual or business entity that is obligated to pay taxes to a federal, state, or local government. Taxes from both individuals and businesses are a primary source of revenue for governments.
