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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@8QFWB6B4yrs4Y
Keep the current rate but lower on small businesses
@9FP93N8Independent2yrs2Y
Wait to do it later when the problem of inflation is fixed
@9FJQLN62yrs2Y
Raise, depending on the size of the corporation and what they do. Taxes should ideally only be used for the well-being of all, though.
@935MSTTRepublican3yrs3Y
The current tax system is flawed and should be overhauled
@8V39BGC4yrs4Y
Leave whatever they have
most for the biggest corporatoins get away with out paying taxes so does this even matter
@8JQ2LPV5yrs5Y
Large companies should be “taxed” by giving back to their community directly by what the state and other smaller bodies locally decide is best for that state
@8CB72VZ5yrs5Y
Corporate taxes should be lowered as well as individual taxes. These should be balanced by the elimination of dozens of federal and state agencies with programs they administer.
@9CXB4XF2yrs2Y
Regardless, eliminate loopholes
@8FXL2GG5yrs5Y
Abolish all taxes except tariffs and sales tax.
@8FV7M8W5yrs5Y
Raise, close loopholes, eliminate corporate deductions and tax shareholder dividens
@8FM93CX5yrs5Y
Completely abolish federal income tax, abolish the IRS, add a federal sales tax like a VAT to all purchases made by any person or entity without exception or exemption, and eliminate all federal funding of any kind to any state that collects income tax.
@8FGQR525yrs5Y
Lower if they repatriate to American soil and employ Americans.
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