Proposal for Corporate Tax Increase Aimed at Reducing U.S. Federal Deficit

MarketWatch suggests implementing a new tax on specific corporations could help narrow the growing U.S. federal deficit, coinciding with Treasury announcements on shell company transparency and record national debt.

27 Aug, 15:57 — 27 Aug, 15:57

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marketwatchMostly Factual2h ago

A new tax on these companies would help Washington shrink the deficit

This month, the U.S. Treasury Department made two ominous announcements: that it will no longer require shell companies to identify who owns them, and that the U.S. federal debt has hit $40 trillion.

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Proposal for Corporate Tax Increase Aimed at Reducing U.S. Federal Deficit

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A new tax on these companies would help Washington shrink the deficit

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