Should the U.S. raise or lower the tax rate for corporations?
The U.S. currently levies a 21% tax rate at the federal level and an average tax of 4% at the state and local level. The average corporate tax rate worldwide is 22.6%. Opponents of argue that raising the rate will discourage foreign investment and hurt the economy. Proponents argue that the profits corporations generate should be taxed just like citizen’s taxes.
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@9VK2XFMProgressive7mos7MO
Tax-rate should be raised but mostly by limiting loopholes abused by larger corporations and keeping deductions as to not harm smaller businesses.
@9ML8J6BProgressive12mos12MO
Several of the above stances should be implemented, including eliminating deductions and loop holes, lowering taxes for small business owners - and possibly redefining what a “small business” is.
@9LWPBBGProgressive1yr1Y
Raise it and eliminate loopholes and there should be a tax for any corporation making above a certain point
@9FMSV2BProgressive2yrs2Y
Increase for large multimillion companies but lower for small businesses as well as eliminate deductions and loop holes.
@9FHKKNQProgressive2yrs2Y
These are large, multinational corporations that abuse cheap labour in poor countries, assassinate African politicians, destroy our planets, kill ecosystems, monopolize industry and squash small businesses, making poorness a trap every way out as the poor get poorer and the rich get richer. Rise the taxes and regulate them fair and square. No more loopholes.
@9BTCZVNProgressive2yrs2Y
Lower for small businesses and co-ops but keep the current rate for large corporations and eliminate their deduction and loop holes
@95T8YJQProgressive3yrs3Y
Yes, unless there is regulation on what they invest their profits in
@948TCS6Progressive3yrs3Y
They should be raised and deductions and loops holes should be eliminated.
@abelv127Progressive3yrs3Y
Only for corproations that donate to political campaigns
@8ZB73GGProgressive3yrs3Y
Abolish the corporate tax, as well as any deductions or loopholes
@8XTLDKKProgressive3yrs3Y
Raise and deduct loopholes
@8R3K42MProgressive4yrs4Y
Increase for large multinational corporations but lower for small businesses, but remove all loopholes.
@8QL3LDBProgressive4yrs4Y
Variable tax rate based upon percentage of Americans employed. If there are 0 American employees they pay 40% and reduce from there within brackets to a 23% tax.
@8PBFJXMProgressive4yrs4Y
Raise, and remove tax loop holes
@8P8VCYTProgressive5yrs5Y
Keep competitive with other countries
@8MYY2LSProgressive5yrs5Y
Raise, but also eliminate deductions and loop holes
@8LVWS63Progressive5yrs5Y
Increase current rates, eliminate deductions, and eliminate loopholes.
@8JWY8B4Progressive5yrs5Y
Remove tax loopholes for corporations, create a shareholder tax dividend, and create transactional taxes on corporations which would go to fund a universal basic income.
@8HJKWDMProgressive5yrs5Y
Lower, but tax rate for small businesses and increase for large multinational corporations, and eliminate deductions and loop holes.
@8DWR48RProgressive5yrs5Y
Increase for large corporations and eliminate their tax loop holes and lower tax rates for small businesses.
Raise it and eliminate deductions and loopholes.
@8CW5LD4Progressive5yrs5Y
Only for the richest of corporations.
@9BD8YW9Progressive2yrs2Y
Increase taxes for large multinational corporations and lower for small business. Eliminate loop holes and deductions for large multinational corporations and break up monopolies.
@9B4SJBJProgressive2yrs2Y
Maintain current rate but lower tax rate for small business
@842VWLKProgressive3yrs3Y
Raise, and end all tax loopholes
@8YGQ4JYProgressive3yrs3Y
Raise and eliminate the loop holes.
@8HM8LFDProgressive5yrs5Y
Not enough information to answer
@8GZRRDZProgressive5yrs5Y
Raise and remove all loopholes
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