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.
@7LP98RN8mos8MO
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@9W9Q47R 7mos7MO
We need to create a way where a certain profit threshold gets reached and has to be given back to the workers in forms of non taxable bonuses
@9D8DKG52yrs2Y
Lower...I believe in the triple down effect.
@959K74L3yrs3Y
Lower,but for both large multinational corporations and small businesses.
@9BLHGP42yrs2Y
Abolishment for both large multinational corporations and small businesses.
Keep President Biden's 15% minimum tax and continue to close loop holes on large corporations. Maintain the tax rate, but continue to eliminate loop holes and deductions.
@96H86YS3yrs3Y
Lower both large multinational corporations and small businesses.
@95K7BH73yrs3Y
Raise,but only if there's the outsourcing of jobs.
@957QQY73yrs3Y
Lower the tax rates for small businesses and large businesses.
@94Z37B43yrs3Y
Lower for large multinational corporations and small businesses.
@94HNMJG3yrs3Y
Increase the rate on large corporations, lower the rate for smaller businesses, and eliminate any loopholes.
@92FDT453yrs3Y
@8KXYS8TIndependent5yrs5Y
It's not that it needs to be raised, it's that it needs to be more closely monitored when companies like Apple don't pay taxes because they file them in a bank overseas.
@8KNPLWP5yrs5Y
Different levels for on how much money each company makes
@8GDX4RC5yrs5Y
Lower tax rates for corporations as an incentive to increasing their workforce, and lower tax rates for small businesses for the first three years in business and then gradually increase it to the standard.
@98NVJ3P2yrs2Y
taxes for corporations should be incremented by income brackets.
@97K4M2V3yrs3Y
Tax should be based on how involved you are
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