Documents/NCFRR/2: Tax Reform/2.2.2: Business Tax Expenditures

2.2.2: Business Tax Expenditures

Eliminate all tax expenditures for businesses.

Other Information:

Corporate tax reform should eliminate special subsidies for different industries. By eliminating business tax expenditures – currently more than 75 – the corporate tax rate can be significantly reduced while contributing to deficit reduction. A lower overall tax rate will improve American business competitiveness. Abolishing special subsidies will also create an even playing field for all businesses instead of artificially picking winners and losers.

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