These retirement plans provide one of the two
biggest tax breaks available to middle - income Americans (the mortgage deduction is the other).
Not exact matches
While it's true that the U.S. business
tax rates are among the highest in the world, there are so many
breaks available to large businesses that the actual
tax rate (for the
big guys, at least) is often nominal.
There are various political levers
available to encourage projects like Kitimat Clean, such as loan guarantees, subsidies or
tax breaks and, because
big new infrastructure projects stimulate the economy, politicians are easily tempted to pull those levers.