US’ NRF backs Senate budget reconciliation bill for tax relief, growth
NRF has urged the US Senate to pass the budget reconciliation bill, citing its potential to deliver vital tax relief and stimulate economic growth. The bill includes maintaining the 21 per cent corporate tax rate, restoring R&D expensing, and supporting infrastructure investment. NRF called it a balanced measure promoting competitiveness and job creation.
NRF has urged the US Senate to pass the budget reconciliation bill, citing its potential to deliver vital tax relief and stimulate economic growth.
The bill includes maintaining the 21 per cent corporate tax rate, restoring R&D expensing, and supporting infrastructure investment.
NRF called it a balanced measure promoting competitiveness and job creation.
