• Home Depot just showed who will gain the most from corporate tax cuts

    5 days ago - By Washington Post

    This week, Home Depot announced that it is using $15 billion to buy back shares of its own stock, a move that will reward shareholders including chief executive Craig Menear.
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  • Hilton says tax cut would finance share buybacks

    5 days ago - By Reuters

    NEW YORK - Hilton Worldwide Holdings Inc would use the windfall from a lower U.S. corporate tax rate to finance share buybacks from investors, company executives said, highlighting how corporate savings would be spent under the Republican tax plan.
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  • Republicans are about to confront Trump's 'red line' to fix problems in their tax bill

    Republicans are about to confront Trump's 'red line' to fix problems in their tax bill

    5 days ago - By Business Insider

    The GOP tax bill is headed to a conference committee, wherein members will have to work out differences between the House and Senate versions of the plan.
    One change being floated: cutting the corporate tax rate to 22% from the current 35%, instead of the 20% proposed in the original version of the bill.
    Such a tweak would help free up money to solve problems that cropped up after the bill passed, but also could open the door to more intraparty bickering.
    Republicans, moving closer to passing a massive overhaul of the US tax code, are heading toward a possible fight over corporate taxes as...
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  • Key Republicans oppose effort to reduce corporate tax cut

    Key Republicans oppose effort to reduce corporate tax cut

    6 days ago - By Stl Today

    WASHINGTON - Key Republican lawmakers oppose efforts to scale back a proposed cut in the corporate income tax rate to pay for other tax breaks, complicating efforts to appease Republicans from high-tax states.
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