Raise corporate tax rates! No

Raise corporate tax rates! No, cut them! Maybe take a look first?

Corporate income tax revenue and investment around the Tax Cuts and Jobs Act of 2017. Source: “Lessons from the Biggest Business Tax Cut in US ...

The 2025 Tax Debate: The Corporate Tax Rate and Pass-Through ...

In 2025, federal lawmakers will confront major tax policy expirations, the majority of which stem from the Tax Cuts and Jobs Act (TCJA) of…

Harris Proposal to Raise Corporate Tax Rate Would Harm Workers ...

Experts analyze the wage impacts of raising the US corporate tax rate to 28 percent. Explore the 2024 Harris corporate tax hike proposal.

Congress Should Revisit 2017 Tax Law's Trillion-Dollar Corporate ...

Raising the corporate rate to 28 percent, as President Biden has proposed in his 2025 budget, would raise about $1.3 trillion over a decade.

Corporate Tax Rates by State under Kamala Harris Tax Plan

As policymakers debate the future of the federal corporate tax rate, they must also consider state-level corporate taxes to better understand ...

Corporate Rate Increase Would Make Taxes Fairer, Help Fund ...

Raising the corporate income tax rate from its current 21 percent to 28 percent and reforming our international tax system to raise revenue and reduce ...

FACT SHEET: The President's Budget Cuts Taxes for Working ...

Since taking office, President Biden has fought to build a fairer tax system that rewards work, not wealth; asks the wealthiest Americans ...

Biden's FY2025 budget again calls for corporate and individual tax ...

President Joe Biden on March 11 sent Congress a fiscal year (FY) 2025 budget that proposes to increase taxes by nearly $5 trillion for corporations and for ...

Corporate Taxes Before and After the Trump Tax Law - ITEP

The Trump tax law slashed taxes for America's largest, consistently profitable corporations. These companies saw their effective tax rates ...

The feeling that some corporations, wealthy people don't pay fair share

About half of Americans (53%) now say the complexity of the federal tax system bothers them a lot, up from 47% who said this in 2021. About a ...

Harris proposes raising the corporate tax rate to 28%, rolling back a ...

Vice President Kamala Harris is calling for raising the corporate tax rate to 28%, her first major proposal to raise revenues and finance expensive plans.

Do corporate tax cuts boost economic growth? - ScienceDirect.com

They measure corporate taxes as the share of corporate income tax revenues in total tax revenues. However, Xing (2012) argues that the PMG results reported in ...

Increase the Corporate Income Tax Rate by 1 Percentage Point

For each option, CBO presents an estimate of its effects on the budget but makes no recommendations. Inclusion or exclusion of any ...

FACT SHEET: President Biden Is Fighting to Reduce the Deficit, Cut ...

President Biden is fighting to make the tax system fairer while Republicans continue to push tax cuts for the wealthy and big corporations.

Corporate tax rates and economic growth since 1947

If the tax rates are weighted by GDP, the average effective tax rate was 27.2 percent over the 2006–2009 period. The corporate income tax serves ...

Should the Corporate Income Tax Rate be Raised?

The possibility of raising the corporate tax rate has spurred a debate among economists and policymakers about the optimal corporate income ...

Corporate Tax Avoidance in the First Five Years of the Trump Tax Law

The tax overhaul signed into law by former President Donald Trump in 2017 cut the federal corporate income tax rate from 35 percent to 21 ...

President Biden's FY 2024 budget renews call for 28% corporate ...

President Biden on March 9 sent Congress an FY 2024 budget that proposes to increase taxes for corporations and for individuals with incomes ...

Harris vs. Trump on Tax Policy

Vice President Kamala Harris, the Democratic Party nominee, has proposed several policies that build on President Joe Biden's recent budget plans.

Cutting corporate taxes will not boost American wages

Economic logic and evidence argues strongly that American workers should not expect any noticeable wage boost from cutting corporate income taxes.