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corporate taxes
The report highlights how rampant corporate tax dodging and excessive executive pay have become among dozens of major American companies.
Joe Biden's tax plan makes a clear contrast with Donald Trump, who favors extending tax cuts he enacted in 2017.
Senators unveiled new proposals Friday targeting stock buybacks and partnership income.
Instead of raising the corporate tax to 28% (from 21%), Biden proposed a minimum corporate rate of 15% to pay for new infrastructure projects.
WHAT'S HAPPENING
The West Virginia senator maintains that the corporate tax rate should go up to 25%, rather than 28%, to pay for infrastructure improvements.
The 2020 Democratic presidential candidate has a new plan for a progressive tax on lobbyists in Washington.
The tech giant reportedly used various tax breaks and credits to claim a $129 million rebate on $11 billion in profits last year.
The contentious Proposition C is expected to nearly double the money the city spends on addressing its homelessness crisis.
The massive Republican corporate tax cut won't likely encourage the return of sheltered money to America.
The city wants to tax large corporations to pay for homeless housing, but Jeff Bezos isn't pleased.
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