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@ISIDEWITHQuestionseconomyStarted 11yrs agoActive 3wks ago

Should the government raise or lower the tax rate for corporations?

Should Canada raise or lower the tax rate for corporations?

Canada currently levies a 15% - 26% tax on all businesses and each province levies an additional 11% - 16% tax rate. 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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14 Replies

 @9LJGNWTPeople’s from British Columbia  answered…1yr1Y

Tricky, large multinationals already move income to low or zero taxation locations and simply break even or operate at a loss in the local country. Tax their GROSS REVENUE and ELIMINATE their ability to fund politicians. Political representatives should only be supported by human beings, not fictitious legal constructs.

 @95CHLHCLibertarianfrom British Columbia  answered…3yrs3Y

No, and get rid of it all together alongside the state.

 @8NWJ3SPLibertarianfrom Alberta  answered…4yrs4Y

Tax net profits and shareholder dividends

 @74SQGHQanswered…4yrs4Y

No, and the corporate tax should be eliminated to ensure competitive fairness.

 @7GQMXLT from Wisconsin  answered…3yrs3Y

Balance the budget, then we can talk about whether and how to finance tax cuts.

 @7NHC5ZQ from Idaho  answered…4yrs4Y

Remove taxes on corporations and establish a flat land value tax.

 @8DM7B8K from Georgia  answered…5yrs5Y

All federal taxation should be removed!

 @8QG3TQJ from Wisconsin  answered…4yrs4Y

Increase for large multinational corporations, keep current rates for small businesses.

 @8LCC7N7answered…4yrs4Y

I think that they should be lowered a little bit because it will give more job opportunities.

  @buday4vancouverLibertarian from Washington  answered…4yrs4Y

They should charge a royalty fee, a single digit percent on all sold Goods, Services, Licence Fee, Share, and Franchise Fees. Nothing charged on sole owned businesses with one location.

 @8PGXGG6 from Wisconsin  answered…4yrs4Y

neither, create a flat tax

 @8QPG4TW from New York  answered…4yrs4Y

Lower the tax rate for everyone, not just corporations.

 @8R2RMP3 from New York  answered…4yrs4Y

Lower, but remove all existing tax loopholes.

 @5GHSCDS from Minnesota  answered…4yrs4Y

Remove taxes on corporations and tax speculation of natural resources

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 @ISIDEWITH submitted…6mos6MO

Trump’s Puerto Rico Problem Erupts in Pennsylvania: Latino Voters Fire Back

Donald Trump has a serious Puerto Rico problem — in Pennsylvania.Many Puerto Rican voters in the state are furious about racist and demeaning comments delivered at a Trump rally. Some say their dismay is giving Kamala Harris a new opening to win over the state’s Latino voters, particularly nearly half a million Pennsylvanians of Puerto Rican descent.Evidence of the backlash was immediate on Monday: A nonpartisan Puerto Rican group drafted a letter urging its members to oppose Trump on election day. Other Puerto Rican voters were lighting up WhatsApp chats with reactions to the vulgar display and raising it in morning conversations at their bodegas. Some are planning to protest Trump’s rally Tuesday in Allentown, a majority-Latino city with one of the largest Puerto Rican populations in the state.And the arena Trump is speaking at is located in the middle of the city’s Puerto Rican neighborhood.“It’s spreading like wildfire through the community,” said Norberto Dominguez, a precinct captain with the local Democratic party in Allentown, who noted his own family is half Republican and half Democratic voters.“It’s not the smartest thing to do, to insult people — a large group of voters here in a swing state — and then go to their home asking for votes,” Dominguez said.The timing couldn’t be worse for Trump. Almost a week before Election Day, he’s pushing to cut into Harris’ margins among Latinos, especially young men who are worried about the economy. But the comments from pro-Trump comedian Tony Hinchcliffe Sunday night, referring to Puerto Rico as a “floating island of garbage,” has reverberated throughout Pennsylvania and elsewhere, prompting even the former president’s Republican allies to defend the island and denounce the comments. And with the race essentially a toss up, every vote counts — especially in Pennsylvania.“This was just like a gift from the gods,” said Victor Martinez, an Allentown resident who owns the Spanish language radio station La Mega, noting some Puerto Rican voters in the area have been on the fence about voting at all.

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 @ISIDEWITH submitted…6mos6MO

Trump hits ‘nasty’ Michelle Obama at Atlanta rally

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Active 2 days ago

 @ISIDEWITH submitted…5mos5MO

Kamala Harris is considering running for president again in 2028

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