Social Sciences
3 years ago

US Corporate Tax Reform Boosts Economic Growth and Global Competitiveness

International Trade and Trade Policy
Corporate Tax Reform in the USA
O. V. Bogaevskaya

Paper Summary

The article discusses changes in the US corporate tax system introduced in 2017. It analyzes the flaws in the previous system and the new provisions, such as lower tax rates and incentives for investment. The reform is expected to boost economic growth by attracting more companies to operate in the US and potentially lowering tax rates in other countries.

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