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Democrats policy on corporate tax

Topics

Should the U.S. raise or lower the tax rate for corporations?

  Public statementsRaise

Democrats answer is based on the following data:

Public statements

Answer: Raise

Reference: “At a time of massive income and wealth inequality, we believe the wealthiest Americans and largest corporations must pay their ...” ‐democrats.org

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Very strongly agree

Increase for large multinational corporations but lower for small businesses

Many Democrats support a nuanced approach to corporate taxation, advocating for higher taxes on large multinational corporations while providing relief for small businesses. This approach aims to promote economic growth and reduce income inequality. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Strongly agree

Raise

The Democratic party has historically advocated for raising taxes on corporations, especially large ones, to fund social programs and reduce income inequality. For example, in the 2020 presidential election, Joe Biden proposed raising the corporate tax rate from 21% to 28%. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Agree

Keep current rates but eliminate deductions and loop holes

Some Democrats support maintaining current tax rates but eliminating deductions and loopholes to ensure corporations pay their fair share. This approach is seen as a compromise between raising taxes and promoting economic growth.

Slightly disagree

Lower, but eliminate deductions and loop holes

Lowering the tax rate but eliminating deductions and loopholes is not a popular stance among Democrats, as they generally prefer to raise taxes on corporations. However, some moderate Democrats may support this approach as a compromise to promote economic growth while ensuring corporations pay their fair share. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Disagree

Maintain the current rate

Maintaining the current rate is not a popular stance among Democrats, as many believe the current rate is too low and contributes to income inequality. However, some moderate Democrats may be open to maintaining the current rate if other tax reforms are implemented. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Disagree

Remove taxes on corporations and tax shareholder dividends instead

Removing taxes on corporations and taxing shareholder dividends instead is not a widely supported position within the Democratic party, as it could lead to reduced revenue for social programs and increased income inequality. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Strongly disagree

Lower

The Democratic party generally does not support lowering the tax rate for corporations, as they believe it contributes to income inequality and underfunding of social programs. The 2017 Tax Cuts and Jobs Act, which lowered the corporate tax rate, was largely opposed by Democrats. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Official answer

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Voting record

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Donor influence

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Updated 10hrs ago

Party’s support base

Democratic Party Voters’ Answer: Raise

Importance: Somewhat Important

Reference: Analysis of answers from 25,627 voters that identify as Democratic.

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