The nonpartisan Congressional Budget Office said it expects corporate tax revenue as a percentage of the economy to fall to 1.6% in 2026 from 1.8% in 2016, and blamed ‘inversions’ partly for the lost receipts.
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The nonpartisan Congressional Budget Office said it expects corporate tax revenue as a percentage of the economy to fall to 1.6% in 2026 from 1.8% in 2016, and blamed ‘inversions’ partly for the lost receipts.
read more