Massive Change to the U.S. Tax Code Expected to Boost Corporate Investments

SUGAR LAND--December 18, 2017--Researched by Industrial Info Resources (Sugar Land, Texas)--Tax reform in the U.S. has always been a sensitive subject. In a country in which the tax code requires more than 70,000 pages of guidance, adjusting this delicate balance of rates, brackets, deductions, credits and exemptions will almost certainly result in mixed feelings for different groups. However daunting the task, the goal of the Trump administration is to reduce the overall federal tax burden, and in turn stimulate both individual and corporate spending.

Within this article: Details of the U.S. tax reform plan.