Posts: 193728
From: I hold a Juris Doctorate (J.D.) and a Legum Magister (LL.M.)!
Registered: Apr 2009

posted October 11, 2024 12:42 PM            

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We already know about no tax on tips, overtime, and Social Security. But he is also doubling the Section 179 deduction for equipment purchases, which will increase expansions. And the corporate tax rate will be reduced from 21 percent to 15 percent, which will bring trillions of dollars of investments back to our country. But that rate is only for companies who stay in the U.S. well, now there is another one, and it is brilliant! The interest on autos will be tax deductible! That will help save our auto industry. It will create a boon! Make Cars Affordable Again!

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