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Tag Archives: new corporate tax rate

Biden’s New 2021 Corporate Tax Reforms; Closing the Loopholes, Explained

April 8, 2021Uncategorizedben shapiro corporate tax, biden tax hikes, biden tax policies, biden tax policy, corporate income tax, corporate tax, corporate tax basics, corporate tax evasion, corporate tax explained, corporate tax law, corporate tax lecture, corporate tax loopholes, corporate tax meaning, how corporate tax works, new corporate tax rate, tax act 2021, us corporate tax basics, yellen taxStephen Mackey

#taxhavens #taxloophole #taxrevolt

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In order to pay for his two trillion dollar infrastructure plan, Biden is reexamining loopholes in the corporate tax code. This includes creating a new corporate income tax, cracking down on tax havens, and raising the corporate tax rate from 21% to 28%. Here’s exactly what’s happening!