RJ Schwartz profile image 96

Do you agree with President Trump's plan to cut the corporate tax rate (possibly to 15%)?


In 2014 the United States had the third highest general top marginal corporate income tax rate in the world at 39.1 percent (consisting of the 35% federal rate plus a combined state rate), exceeded only by Chad and the United Arab Emirates. A lower rate is guaranteed to stimulate job growth, but the looming question is whether it will be enough to offset the reductions. What are your thoughts?

 

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jackclee lm profile image80

Jack Lee (jackclee lm) says

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6 months ago
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  • bradmasterOCcal profile image

    bradmasterOCcal 6 months ago

    Jack

    The loopholes for the rich existing in the Internal Revenue Code. The middle class and especially those that earn wage can't really use but a few of these loopholes.

    So along with a drop in corp tax rates we need to clean the IRC.


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Hxprof says

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6 months ago
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  • bradmasterOCcal profile image

    bradmasterOCcal 6 months ago

    The Income Tax laws are changed every year, so how is it going to hurt giving it a shot? Call it a test case, and learn from it. Of course the bulk of voters on the left don't care about taxes because they don't pay taxes.

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wba108@yahoo.com says

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6 months ago
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Magicality LM says

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