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House Democrats Consider 26.5% Corporate Tax Rate



House Democrats agree broadly that they are willing to raise the corporate tax rate and the top individual tax rate. (Shutterstock)
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According to two aides familiar with the plans, House Democrats expect to propose raising the corporate tax rate to 26.5% from 21% and imposing a 3-percentage-point surtax on individual income above $5 million.

Read More at The Wall Street Journal

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