DD Support Board and Research Team

[BullNBear52]

The US has been known to shoot itself in the foot.

Large, permanent corporate tax cuts. The centerpiece of the law was a deep, permanent cut in the corporate tax rate — from 35 percent to 21 percent — and a shift toward a territorial tax system, which exempts certain foreign income of multinational corporations from tax.

https://www.cbpp.org/research/federal-tax/the-2017-trump-tax-law-was-skewed-to-the-rich-expensive-and-failed-to-deliver#:~:text=The%20centerpiece%20of%20the%20law,of%20multinational%20corporations%20from%20tax.

For everyone else the tax cuts we received are expiring this year.