IDK. But whatever he did doubled the number of companies who now pay zero taxes. Look it up. Just google Trump Doubled the Number of Companies that pay NO or ZERO taxes. I'm sure you'll find 100000 pages of info.
But whatever he did doubled the number of companies who now pay zero taxes.
His plan allowed immediate expensing. If a company had $1 billion in net profit
and bought $1 billion in new equipment, net profit (and taxes owed) is now zero.
Aren't liberals always whining about companies giving executive bonuses or spending on stock
buybacks instead of reinvesting in the company? Now they have a larger incentive to reinvest.