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Tuesday, February 24, 2015

Corporate Tax Debate Ignores Mid-Sized Businesses

Congress seems poised to lower the corporate tax rate, but lawmakers have so far largely ignored the mid-sized businesses that are actually the main drivers of job creation. Joe Adams, CEO of the consulting firm McGladrey LLP, told The Daily Caller News Foundation on Monday that while efforts to ensure that reduced corporate rates do not exclude small businesses are commendable, similar protections are also needed for the middle market, generally defined as companies with annual revenues between $10 million and $1 billion.

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