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      • There is lots of economic research. Most economists now agree that workers carry at least some of the load of corporate taxes, and that to the extent lower corporate taxes might boost investment, workers would derive some benefit from those corporate tax cuts. But economists disagree strongly about the extent to which labor would benefit.
      www.factcheck.org/2017/09/benefits-corporate-tax-cut/
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  2. This article surveys our recent work on the economic effects of corporate taxes, first discussing research on the effects of state corporate tax cuts and then considering how federal tax policies that encourage investment impact workers.

  3. Sep 7, 2017 · Most economists now agree that workers carry at least some of the load of corporate taxes, and that to the extent lower corporate taxes might boost investment, workers would derive some...

    • Steven Mnuchin
    • Secretary of The Treasury
  4. The decrease in the federal statutory corporate tax rate underestimates the real fall in corporate income taxation. This is because of the proliferation of deductions and exemptions. As shown in the figure above, the effective corporate tax rate, the percentage of profits actually paid in income taxes, fell from 38.4% in 1995 to 17% in 2023.

  5. Jan 11, 2024 · Do corporate tax cuts boost workers’ wages? The answer depends on your time frame. Learn more about corporate tax cuts effects on wages.

  6. May 10, 2018 · The argument in favor of reducing corporate tax rates can be boiled down to two relatively simple and related premises: 1) The corporate income tax limits capital formation, growth, and output, and 2) cutting corporate tax rates can stimulate growth and lift the level of economic activity. We will discuss both premises in turn.

  7. Oct 30, 2015 · In a 2012 survey of top economists, the University of Chicago's Booth School of Business found that 35 percent thought cutting taxes would boost economic growth. A roughly equal share, 35...

  8. Jun 30, 2024 · Federal and Provincial/Territorial Tax Rates for Income Earned by a General Corporation2024 and 2025. Current as of June 30, 2024.

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