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Bill Details

Official information provided by the Congressional Research Service. Learn more or make a suggestion.
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Title

Keeping American Businesses Competitive Act of 2010

Official Title

To amend the Internal Revenue Code of 1986 to reduce the maximum corporate rate of tax to 22 percent.

Summary

Keeping American Businesses Competitive Act of 2010 - Amends the Internal Revenue Code to reduce the maximum income tax rate on corporations, including personal service corporations, from 35 to 22%.