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If cutting corporate tax is good for business as Republicans claim, then why didn’t they eliminate them entirely?
Surely that would grow the economy way faster, according to their theory.
12 Answers
- troLv 73 years ago
even corporations should pay taxes on income, that is what it is called, an Income tax return, they make income, they pay
- Anonymous3 years ago
They are trying.
- SlickterpLv 73 years ago
It is good for businesses, they make more money. What it doesn't do is trickle down to workers.
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- Anonymous3 years ago
That would have been my preference. Taxes discourage whatever activity is being taxed, and it makes no sense to discourage business enterprise. There is no particular rational reason to tax business profits.
- jimanddottaylorLv 73 years ago
The government still needs some money to operate on. Like to keep up the military and border security and maybe some roads
- Anonymous3 years ago
Please, they have trouble counting to two, don't make it that difficult for them.
- Max HooplaLv 73 years ago
They are aiming for a balance. You can agree with the rate or not but that's the idea.