^ Another lobby that only cares about itself. Everyone recognizes the importance of tax reform, from the left to the right.
Don’t worry, some new standard will be released the following day. “Implied Taxation Accounting” or something. I’m sure they already have a contingency plan in place to protect their people if meaningful tax reform was to occur.
tax reform is badly needed. How hard is it to set a minimum tax % for companies that are profitable? or for wealthy people?
apple pays 14% tax, IBM 15% and google 17%. how about 20% flat for profitable companies, and let’s cut out all the BS. I don’t care how many deductions you got, if you are making money, minimum 20% (and it’s still a far cry from the 35% staturoty rate)