Former President Donald Trump has unveiled plans to implement significant tax cuts aimed at benefiting American households, workers, and notably, the oil and gas industry. According to Reuters, he intends to work closely with Congressional Republicans to reduce financial burdens by allowing 100% expensing of capital spending for companies. During a recent statement, he explained, “If ... https://oilgasenergymagazine.com/major-tax-cuts-proposed-for-oil/