Business tax & beyond outlook 2009.

Financial ExecutiveVol. 24 Nbr. 7, September 2008

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Business tax & beyond outlook 2009.

Major challenges face the United States income tax system over the next several years. These have already attracted the attention of congressional tax writers and have become issues in the presidential campaign. Changes to come in 2009 and beyond could impact taxes for both businesses and individuals.

While tax relief for individuals may drive tax reform, Congress also may consider business tax reforms to promote U.S. investment and employment. There is growing concern among policymakers that the current corporate tax system limits the competitiveness o...

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