Should the U.S. raise or lower the tax rate for corporations?
The U.S. currently levies a 35% 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.
55% Raise |
27% Lower |
46% Raise |
21% Lower |
9% Keep current rates but eliminate deductions and loop holes |
5% Lower, but eliminate deductions and loop holes |
1% Remove taxes on corporations and tax shareholder dividends instead |
See how support for each position on “Corporate Tax” has changed over time for 706k America voters.
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See how importance of “Corporate Tax” has changed over time for 706k America voters.
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Unique answers from America users whose views extended beyond the provided choices.
@8LYMN8Z4yrs4Y
Lower for small businesses, raise for big businesses, eliminate deductions, and loop holes
@95DR5292yrs2Y
Lower for both large multinational corporations and small businesses.
@8HJRBDY4yrs4Y
Lower as long as the money the company gets in tax backs gets used in the economy to create more jobs
@8HJQJ384yrs4Y
There should be an increase depending on the corporations current economic health.
@9B8JWDG1yr1Y
Raise and if they try to leave make them stay by force
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