- About 90 aerospace companies have signed a letter to Congress, stating a set of changes Republicans proposed last year will make them more competitive globally and help create U.S. jobs.
- The plan would cut the U.S. corporate tax rate to 20% from 35%, permit immediate deductions for capital investment and introduce a border adjustment tax system.
- Related tickers: BA, RTN, LMT, GE, NOC, HON, COL, GD, HRS, IBM, LLL
Aerospace firms back U.S. tax overhaul
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