Job-Rich Corporations Very Law-Abiding, Despite Errant Politically-Charged Aspersions
President Biden's State of the Union address ruffled feathers at the National Business Aviation Association, thanks to comments pointing to a crack down on one of his easier targets… those high-falootin' corporate jets. The Biden admin put out a press release following the speech, taking aim at "making big corporations pay their fair share in taxes." As part of that mission, they outline a tax plan that would raise the corporate tax rate to 28%, "crack down on tax avoidance by large multinationals and big pharma"...and "eliminate tax breaks for corporate jets".
Read More
