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How the Tax Cuts and Jobs Act could affect K-12 education

December 22, 2017

The K-12 sector should brace for change.

The 30-plus-year drought since the last tax code overhaul is over now that President Donald Trump has signed Congress’ Tax Cuts and Jobs Act into law.

The bill slashes the corporate tax rate from 35% to 21%, and also includes massive changes to how income earned or kept offshore is treated.

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