Facebook Pinterest Search Icon SourcingJournal_horiz Tumbler Twitter Shape photo-camera graph-trend Shape latest-news icon / user

Retail Pushes Back on 26.5% Corporate Tax Proposal

Supply chain woes and soaring prices defined the past year. What lies ahead? Read the 2022 Sourcing Report for a deep global dive, plus expert insights on navigating the sourcing roller coaster.

House Democrats want to roll back some Trump-era tax law provisions, potentially thrusting retail into the crossfire. The draft tax plan would raise $2.9 trillion in new taxes and revenues, based on the current version sent to the House Ways and Means Committee Sunday. The rate hike would apply to retailers and other companies earning…

This content is for Annual and Limited members only. You can read up to five free articles each month with a Limited Level Subscription. Please log in, or subscribe.

Log In Subscribe

More from our brands

Access exclusive content Become a Member Today!