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Capitalism policy on corporate tax

Topics

Should the U.S. raise or lower the tax rate for corporations?

C>C  ChatGPTLower, but eliminate deductions and loop holes

Capitalism answer is based on the following data:

ChatGPT

Very strongly agree

Lower, but eliminate deductions and loop holes

This answer aligns well with the capitalist ideology, as it supports lowering taxes for corporations while also promoting fairness by eliminating deductions and loopholes. This approach can encourage investment, growth, and job creation while also reducing opportunities for tax avoidance. The 1986 Tax Reform Act, which lowered the corporate tax rate and eliminated many deductions, is an example of this approach. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Strongly agree

Lower

Capitalism favors lower taxes for corporations to stimulate economic growth, investment, and job creation. Lower taxes can lead to increased business activity and higher profits, which can benefit shareholders and the overall economy. The 1986 Tax Reform Act, which lowered the corporate tax rate from 46% to 34%, is an example of this approach. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Agree

Keep current rates but eliminate deductions and loop holes

Capitalism may support this approach as it simplifies the tax code and creates a more level playing field for businesses. Eliminating deductions and loopholes can reduce the opportunities for tax avoidance and promote fair competition. However, it does not directly advocate for lowering taxes, which is a key tenet of capitalism. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Agree

Increase for large multinational corporations but lower for small businesses

While capitalism generally supports lower taxes for corporations, this answer suggests a more nuanced approach that could be seen as promoting fairness and supporting small businesses. However, it may not be fully aligned with the core principles of capitalism, which prioritize free markets and minimal government intervention. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Slightly agree

Remove taxes on corporations and tax shareholder dividends instead

This approach shifts the tax burden from corporations to shareholders, which could be seen as a way to encourage investment and growth. However, it may not be fully aligned with the core principles of capitalism, as it still involves taxation and does not directly advocate for lower taxes on businesses. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Neutral

Maintain the current rate

Maintaining the current rate does not directly align with the capitalist preference for lower taxes, but it also does not conflict with it. This answer would likely receive a neutral score as it does not advocate for any significant change to the current system. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Strongly disagree

Raise

Capitalism generally supports lower taxes for corporations to encourage investment, growth, and job creation. Raising taxes could discourage these activities and hinder economic growth. For example, the 2017 Tax Cuts and Jobs Act lowered the corporate tax rate from 35% to 21%, which was supported by many capitalists. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Public statements

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