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@ISIDEWITHQuestionseconomy11yrs ago

Should the government 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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12 Replies

  @MSelvig from Wyoming  answered…3yrs3Y

Neither. We should do away with the current tax system and pass The FAIRTax.

 @heatherdvdprincessanswered…3yrs3Y

Flat tax it and continue to offer tax incentives for things that help the economy (in ethical ways), provided that they ultimately make us more money

 @heatherdvdprincessanswered…5yrs5Y

Flat tax it and continue to offer tax incentives for things that help the economy (in ethical ways)

 @8Q6C4Y4 from Florida  answered…4yrs4Y

Lower partially, then lower it further after the national debt is reduced

 @8CN7P7L from New Jersey  answered…4yrs4Y

Yes, that will keep jobs in the U.S and hopefully encourage companies to move to the U.S

 @8DPWTGP from Wisconsin  answered…5yrs5Y

Keep it at the worldwide rate to maintain a place in the global market.

 @8HX2KD5 from Texas  answered…5yrs5Y

Remove taxes on corporations, but the individual income of the shareholders and corporate officials should pay income tax like everyone else.

 @8M3JMYS from Idaho  answered…5yrs5Y

not knowledgeable for this

 @8LYLWBG from Colorado  answered…5yrs5Y

Yes but only the big corporations

 @8T58M5P from Connecticut  answered…3yrs3Y

lower for small, but keep for large

 @8YDDQXR from Illinois  answered…3yrs3Y

its okay the way it is.

 @93DHP4B from Kansas  answered…3yrs3Y

Eliminate the income tax by repealing the 16th Amendment

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 @ISIDEWITH submitted…5mos5MO

Israel Sinks Syria's Navy

Israel said Tuesday that it had destroyed Syria’s navy in overnight airstrikes, as it continued to pound targets in Syria despite warnings that its operations there could ignite new conflict and jeopardize the transition of power to an interim government.Israel’s defense minister, Israel Katz, said that the Israeli military had “destroyed Syria’s navy overnight, and with great success.” His remarks appeared to confirm Israel’s responsibility for the destruction documented in the Syrian port city of Latakia, where photos showed the smoldering remains of ships sunk at their dock.Mr. Katz said that Israel’s military “has been operating in Syria in recent days to hit and destroy strategic capabilities that pose a threat to Israel,” although he did not indicate what new or immediate risk Syria’s navy presented to Israel, which has the most powerful military in the Middle East.Israeli warplanes have conducted hundreds of strikes in Syria since the fall of President Bashar al-Assad on Sunday, according to war monitors. Israel has characterized its operations as defensive, saying its military was striking suspected chemical weapons stockpiles in Syria to prevent them from falling “into the hands of extremists.”“From here, I warn the rebel leaders in Syria: Those who follow Assad’s path will end like Assad,” Mr. Katz said.As the Assad government fell to the rebels over the weekend, Israeli ground forces advanced beyond the demilitarized zone on the Israel-Syria border, marking their first overt entry into Syrian territory in more than 50 years. An Israeli military spokesman on Tuesday denied reports that the military was advancing on Damascus. The spokesman, Avichay Adraee, said the military was inside a buffer zone between Israel and Syria and at other points “in order to protect the Israeli border.”Earlier Tuesday, Geir Pedersen, the United Nations special envoy for Syria, called on Israel to halt its “very troubling” military operations there, and said de-escalation was needed. “We are continuing to see Israeli movements and bombardments into Syrian territory. This needs to stop,” Mr. Pedersen told reporters in Geneva.

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