The Hidden Threat of Tax Cuts to Equitable Economic Development

Although the Trump administration’s recent budget proposal offers only a look at expenses, with no numbers on revenue, it won’t be long before massive cuts to corporate taxes are on the agenda, as Trump has promised. Before the noise machine ramps up on that issue, it’s an apt time to stop and consider the unintended consequences such tax breaks could have. The hidden danger in broad cuts to the corporate tax rate is this: these cuts would blunt the effectiveness of key policies designed to support communities and an inclusive economy...read more

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