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Order Reprints Print Article The recovering economy should lift corporate profits this year. But that doesn’t mean companies will pay taxes on the gains, even with rates potentially going up under the Biden administration. Generous tax breaks in the Cares Act, along with the heavy losses racked up by companies in 2020, may produce a tax shield for years. The higher the tax rate goes, the more companies could save. The. Close The recovering economy should lift corporate profits this year. From

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