Elizabeth Warren is rolling out another sweeping policy proposal, this time a new minimum tax on large, profitable U.S. companies
WASHINGTON—Democratic presidential candidate Elizabeth Warren is proposing a new 7% tax on the largest, most profitable U.S. companies, a move that would increase corporate tax collections by about 30% over the next decade.
Her Real Corporate Profits Tax, projected to raise $1 trillion over a decade, would apply to profits above $100 million each year, and it would be based on the world-wide posttax income companies report on their financial statements. The new levy, affecting about 1,200 companies, would come on top of the...
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
2020 candidate Warren proposes new tax on corporate profitsWASHINGTON (AP) — Democratic presidential candidate Elizabeth Warren is proposing a new tax on corporate profits that's designed to prevent business giants from taking advantage of the existing tax code to effectively pay a zero rate.
Read more »
U.S. presidential hopeful Warren proposes new corporate profits taxU.S. Senator Elizabeth Warren is proposing a new 7 percent tax on corporate prof...
Read more »
Elizabeth Warren unveils a new plan to tax big corporationsDemocratic presidential candidate Elizabeth Warren is proposing a new tax on big corporations
Read more »
2020 candidate Elizabeth Warren calls for ending Senate filibuster rule'When Democrats have the White House again ... then we should get rid of the filibuster,' Warren said.
Read more »
Elizabeth Warren releases 2018 tax return, revealing $900,000 in incomeDemocratic presidential candidate Sen. Elizabeth Warren has released her tax return for 2018, reporting that she and her husband paid more than $200,000 in taxes on a joint income of about $900,000 last year.
Read more »
Sen. Elizabeth Warren releases 2018 tax return showing family income exceeding $900,000Sen. Bernie Sanders has said he will release returns by Monday, following other 2020 presidential candidates.
Read more »
Elizabeth Warren calls for eliminating Senate filibuster for legislationDemocratic presidential contender Sen. Warren calls for a significant change to Senate rules whenever Democrats retake control of the upper chamber: eliminating the filibuster for legislation.
Read more »