/Tag:elections

Trump’s Corporate Tax Reform

The controversial US president Donald Trump is about to introduce his game-changing tax reform plan, or, as he calls it, something “phenomenal in terms of tax”. During the election campaign and immediately after the elections in November 2016, president Trump signalled about his plans to cut corporate tax rates in order to help businesses that currently [...]

Hillary Clinton Proposes Extra Tax for Wealthy Americans

The US democratic presidential candidate Hillary Clinton proposed a 4% tax surcharge for rich Americans whose annual income is $5 million or higher. Such “Fair Share” surcharge would be applied in addition to any other income tax paid by high-net-worth individuals. Currently, the U.S.top income tax rate is 39,6% for married couples that earn more than [...]