The New Normal Part 3: Corporate Response

May 19, 2020, by Sara McPherson

With the massive spending by the Federal Government and sharp revenue declines for public entities across the country, it is hard to imagine taxes not going up at some point (but not until after the election). As such, do not be surprised to see both individual and corporate rates eventually increase. The political pull and lack of economic insight in Washington will simply be too strong.

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