Anybody can argue anything, no matter how baseless and stupid it may be. Reducing corporate taxes reduces consumer costs which increases consumer wellbeing, which increases Demand, which increases private sector development, which increases government tax revenue via the myriad other tax extraction vectors from the Citizenry throughout the economy.
The correct corporate tax = 0% since ALL corporate taxes whose only certain effect is to distort markets, and must flow down and be no more than pass-through taxes upon the working middle-class consumer
Except it doesn't. It increases corporate profits, shareholder returns and executive bonuses.
Trickle down economics has never worked in all of human history, so I'm not sure why you think it would work in 2024.
Plus, you forgetting two very important points - how a 0% corporate tax rate would send inflation and the federal debt to the moon. Don't think that would increase consumer well-being.
Anybody can argue anything, no matter how baseless and stupid it may be. Reducing corporate taxes reduces consumer costs which increases consumer wellbeing, which increases Demand, which increases private sector development, which increases government tax revenue via the myriad other tax extraction vectors from the Citizenry throughout the economy.
The correct corporate tax = 0% since ALL corporate taxes whose only certain effect is to distort markets, and must flow down and be no more than pass-through taxes upon the working middle-class consumer
"Reducing corporate taxes reduces consumer costs"
Except it doesn't. It increases corporate profits, shareholder returns and executive bonuses.
Trickle down economics has never worked in all of human history, so I'm not sure why you think it would work in 2024.
Plus, you forgetting two very important points - how a 0% corporate tax rate would send inflation and the federal debt to the moon. Don't think that would increase consumer well-being.