Should China 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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@68QRLZT4yrs4Y
Raise the tax rate, and eliminate deductions and loopholes, but this should only apply to large corporations.
@7PTCG384yrs4Y
Increase for large international corporations but lower for small businesses. Eliminate deductions and loopholes.
@86N5Z354yrs4Y
Keep current rates but eliminate deductions and loop holes. Corporations only get lower rates if they produce most of their goods in the U.S.
@86N5Z354yrs4Y
Maintain the current rate, but eliminate deductions and loop holes. Corporations only get lower rates if they produce most of their goods in the U.S.
@842VWLK3yrs3Y
Raise, and end all tax loopholes
@7PTCG384yrs4Y
Raise for large international corporations but lower for small businesses, and eliminate deductions and loopholes
@7PTCG385yrs5Y
Raise for large international corporations but lower for small businesses, and eliminate deductions and loopholes.
@7PTCG385yrs5Y
Lower the corporate tax rate to 28% but eliminate deductions and loopholes.
@7PTCG384yrs4Y
Raise for large international corporations and eliminate deductions and loopholes, but lower for small businesses.
@8GZRRDZ4yrs4Y
Raise and remove all loopholes
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