Dare to Compare: Trump and Biden Tax Cuts

Perhaps more than anything else, Trump is known for cutting taxes. The Tax Cuts and Jobs Act of 2017 cut the maximum corporate federal income tax rate from 35% to 21%. Furthermore, it “‚Ķgreatly expanded first-year depreciation write-offs for business equipment additions”, according to a February 2020 MarketWatch article. With seven days until what may […]

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