U.S. Congressman Nouriel Roubini said the Federal Reserve could cut interest rates less if the 2017 tax cuts are made permanent.
On November 9th, the State Administration of Taxation released data on the 9th showing that in the first three quarters of this year, the main policies supporting the development of scientific and technological innovation and manufacturing were tax cuts and tax refunds of 2.0868 trillion yuan. Among them, R & D expenses plus deduction and other policies to support increased investment in science and technology, transfer of achievements and the introduction and training of scientific and technolo...