Tax reform could reduce corporate tax revenue by as much as 40 percent

Tax reform could reduce corporate tax revenue by as much as 40 percent
The Tax Cuts and Jobs Act of 2017 could lead to a total corporate tax revenue decline of about 40 percent, but nearly 20 percent of that decline will be recaptured through increased personal income tax revenue, according to an analysis by an expert at Rice …
Tax reform could reduce corporate tax revenue by as much as 40 percent