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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@9MDD3XT1yr1Y
Increase for large corporation, lower for small businesses and reduce or eliminate fees for sm business as well as providing incentives, also close tax loopholes for wealthy and corporations who can afford advisors to find tax avoidance strategy.
@9BNBR48Independent2yrs2Y
No, taxes are theft. No one should be taxed.
@94JXZ5W3yrs3Y
Decrease taxation on all entities, including corporations, small businesses and individuals
@92F3G4X3yrs3Y
They should increase taxes in theory but in the real world no because the funds will be stolen, lost, or misspent on useless programs.
@8QN4FW64yrs4Y
Convert the corporate tax rate into a bracketed progressive rate, then lower the bottom brackets and raise the top brackets significantly
@8PB7GJS5yrs5Y
Switch it out for a Georgist Land Value Tax
@8NZ6RPS5yrs5Y
Lower for small businesses and tax shareholders dividends on large corporation and regulate price increases for large corporation
@8MCWKVY5yrs5Y
Lower if they maintain staffing and increase salaries
@8HLFFFH5yrs5Y
I don't have much info for this
@8FHZVZG5yrs5Y
Switch to a Land Value Tax for corporations
@9CLXY352yrs2Y
Abolish corporate taxes , and Replace all taxes with a 1% federal import tax and 2% salt sales tax
i don't have enough information
@8K9ZVP95yrs5Y
Lower for corporations that bring jobs back to North America & pull out of China
@8GDVY8B5yrs5Y
Abolish Taxes but increase regulation fees and increase donation/philanthropy incentives
@8HJ6ZY75yrs5Y
Maintain the revenue/income tax but levy a new tax on economic rents (eg land value tax or Henrg George's single-tax)
@6PL5N3Q5yrs5Y
maintain, but fix loopholes
@9CLXY352yrs2Y
Replace all taxes with a 1% federal import tax and 2% salt
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