1. Why is the American corporate tax rate so high and,
2. Is it true that lowering the rate will stimulate investment?
1. Why is the American corporate tax rate so high and
Mason King
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Ryan Nelson
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Brandon Anderson
>what is double taxation
Corporate tax rate is so high because it's an indirect way to make money. Insiders like Apple get to use loopholes to, in some cases, even make negative income tax, but it still earns revenue without pissing off the plebs. The results of higher corporate taxes fuel anti-corporate sentiment, not anti-government sentiment.
Lowering the rate will most definitely stimulate investment. Look at Ireland as an example. In certain cases, countries that lack significant amounts of cheap labor or large natural resources will cultivate a pro-business environment to attract development. Hong Kong, Singapore, and others have all copied this model.
Zachary Rogers
I'm probably misunderstanding this but essentially companies are actually better off with the way the corporate tax system works now and reform by trying to bring them back to the US is good for the economy as a whole but not for the corporations themselves?
Aiden Harris
>1. Why is the American corporate tax rate so high
It's how the federal government collects revenue without directly charging individual citizens
>2. Is it true that lowering the rate will stimulate investment?
Yes, it happened in Ireland during the Celtic tiger and is the reason it's not a poor shithole today.
Jaxon Jackson
>the American corporate tax rate so high
oh you mean the one that none of the multinationals actually pay? it's like silicon valley teaches a class in tax evasion and then wonders why infrastructure and public services fail around them
Dominic Garcia
1. What the fuck are these axes?
2. Why does this conflate personality with philosophy?
Hudson Parker
>Lowering the rate will most definitely stimulate investment. Look at Ireland as an example. In certain cases, countries that lack significant amounts of cheap labor or large natural resources will cultivate a pro-business environment to attract development. Hong Kong, Singapore, and others have all copied this model.
Those countries only exist as long ass others allow it.
Oliver Lopez
I don't know but lowering money-wages would stimulate investment still further than that, but no assfuck wants to run on that platform anywhere near a government building so forget actually improving our economy
Leo Powell
Shhhhh don't actually acknowledge the retarded image OP made
Luke Gutierrez
Corporation tax is only paid by suckers, that's why. Roll-over business relief means its effect is essentially meaningless for any large corporation.
Easton Harris
MAGA: tax rates back to 40%!!!!
Jaxson Jackson
>lowering the rate will stimulate investment
Not necessarily so.
The economy is a very complex system. And tax rates are not the only parameter influencing investments.
The big economic boom of the 50's happened with a tax rate more than double that of today.
Kayden Ross
>there are people running countries RIGHT NOW who think economies are driven by supply and not by demand
Isaac Flores
It's /leftypol/ pseudoscience based on muh myers-briggs and armchair specious psychology - philosophy correlation claims.
Leftists fill their head with nonsense like Lacan and Jung, get the idea they can psychoanalyze people online through TCP/IP, and become even more obnoxious as a result. It's a wonder how anyone manages to be leftists under this overbearing tide of sheer smugness coming from people who think they can cold read you from e-shitposting.
Jeremiah Bennett
It's the same for both sides.
Tyler Reed
why did you save this retarded chart
Jeremiah Thompson
Not OP, but you don't need to save images in order to post them
Evan Gonzalez
Because it's provocative
Josiah Ramirez
That's mostly because companies didn't have to pay any tax if they reinvested most of it. It's also noteworthy that the 50's was the beggining of the offshore bank account.
Andrew Murphy
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Xavier Thomas
desu this chart is hilarious
Cameron Miller
1. it's not
2. no, see failure of "trickle down" economics and current wealth inequality
John Foster
Chart was definitely made by a right tard as all the leftist categories are their stereotypical cucks or degenerates.