Republicans Follow Debt Limit Fight by Pushing More Corporate Tax Cuts

The proposals include eliminating tax credits for green energy and repealing a tax on toxic chemical waste sites.

After threatening to force the government into default over the debt ceiling, Republican lawmakers Friday introduced new tax cuts that could add at least $21 billion to the national deficit over the next decade. Three new GOP-backed bills would cut taxes for large companies, small businesses, and individual families while reducing clean energy tax incentives to pay for it.

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This post was originally published on Latest – Truthout.


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» Republicans Follow Debt Limit Fight by Pushing More Corporate Tax Cuts | Olivia Rosane | radiofree.asia | https://radiofree.asia/2023/06/11/republicans-follow-debt-limit-fight-by-pushing-more-corporate-tax-cuts/ | 2024-05-10T02:13:06+00:00
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