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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@B4DP8JL1mo1MO
Raise for corporations that offshore US jobs, lower for corporations that create manufacturing jobs in the US
@93F6BSX3yrs3Y
Increase rates and remove deductions and loopholes
@8TPJRXP4yrs4Y
Depending upon the circumstances
@8T7WJGG4yrs4Y
Increase, and simplify the tax code
@8M82R7K5yrs5Y
Increase AND decrease deductions AND eliminate loopholes
@KGGoodin5yrs5Y
Lower for all companies who have locations only in the US
@8L576NL5yrs5Y
They should raise taxes because they use machines and not human beings
@8L3TTWC5yrs5Y
Neither. They shouldn’t mess with any of that stuff
@8LZ6NY35yrs5Y
Increase the taxes to how much Citizens are taxed
@8KL5CPZ5yrs5Y
Raise only on big cooperations
@96ZB9RM3yrs3Y
Increase for businesses making over a certain amount, and keep the current rate for other businesses. Also eliminate all loopholes.
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