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  2. Corporate tax in the United States - Wikipedia

    en.wikipedia.org/wiki/Corporate_tax_in_the...

    The present rate of tax on corporate income was adopted in the Tax Reform Act of 1986. [15] In 2010, corporate tax revenue constituted about 9% of all federal revenues or 1.3% of GDP. [16] The corporate income tax raised $230.2 billion in fiscal 2019 which accounted for 6.6 percent of total federal revenue and had seen a change from 9 percent ...

  3. Kamala Harris's small business plan: A tenfold expansion of a ...

    www.aol.com/finance/kamala-harris-small-business...

    September 3, 2024 at 2:00 PM. Kamala Harris will announce a new policy proposal Wednesday for a $50,000 tax credit for small businesses looking to get off the ground. At the center of her new plan ...

  4. Numbers show Harris tax proposal would give to small business ...

    www.aol.com/news/numbers-show-harris-tax...

    The proposal seeks to increase the federal government's small business tax deduction by tenfold, from $5,000 to $50,000, which the campaign indicated will help reduce the roughly $40,000 cost ...

  5. Small biz to Biden corporate tax hike plan: 'Just leave it ...

    www.aol.com/finance/small-biz-biden-corporate...

    As noted by the CoC, Biden’s corporate income tax hike will hurt small businesses in every sector of the economy: “agriculture, construction, health care, real estate, finance, and more ...

  6. Qualified Small Business Stock - Wikipedia

    en.wikipedia.org/wiki/Qualified_Small_Business_Stock

    Qualified Small Business Stock. Qualified Small Business Stock (QSBS) is a tax incentive to drive the investment and founding of small businesses in the United States of America. [1] The QSBS regulations are under U.S. Code Section 1202 [2] of the Internal Revenue Code (IRC). QSBS is a tax exemption on a federal, and in some cases, a state ...

  7. Income tax in the United States - Wikipedia

    en.wikipedia.org/wiki/Income_tax_in_the_United...

    Top Marginal State Income Tax Withholding Rates 2022. Income tax is also levied by most U.S. states and many localities on individuals, corporations, estates, and trusts. These taxes are in addition to federal income tax and are deductible for federal tax purposes. State and local income tax rates vary from zero to 16% of taxable income. [64]

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