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Senator Hatch Wants Tax Reform With Permanent R&D Credit

Quoted in The Hill, Senator Orin Hatch (possibly the next chairman of the Senate Finance Committee), said:

“At 35 percent, our corporate tax rate is the highest in the developed world and is a chokehold on the economy. That is unacceptable. I hope we can get the corporate tax rate down to 25 percent,” he said, adding that Congress should make the research and development tax credit permanent.

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