The Biden administration plans to increase the U.S. federal corporate tax rate from 21 per cent to 28 per cent.
us tax policy
The president wants to increase the federal corporate tax rate to 28 per cent.
Since its inception, the U.S. federal minimum wage has never been reduced.
Resistance to marginal tax rate reductions in the U.S. may prevent a return to supply-side fiscal policies.
The Trudeau Liberals have raised the top personal tax rate on many of Canada’s highly skilled and educated workers.