The U.S. Congressional Research Service (CRS) has published a report dated 13 August 2024 on Marginal Effective Tax Rates on Investment and the Expiring 2017 Tax Cuts. The report summary is as follows: --- Marginal Effective Tax Rates on Investment and the Expiring 2017 Tax Cuts P.L. 115-97, commonly referred to as the Tax Cuts and Jobs Act (TCJA), made significant changes impacting taxes on new investment. Some provisions enacted by the TCJA, such as a reduction in the corporate tax rate and five-year amortization of research and experimentation costs, are permanent. Other provisions enacted by the TCJA, such as...