For a corporation, taxes are just another cost. And like all other costs, those are passed on to the consumer in the form of higher prices.
Is there any reason the corporate tax rate cannot be ZERO?
At one point the only Federal tax America knew was tariffs.
Stuffing genies back into bottles is not easy, but still possible. We do have 50 little bottles, called states.
I’m sure that, within the bounds of the current tax law, some corps approach zero or lower. But, I’m neither a tax attorney, nor an economist. I’m not sure if a zero tax rate would be possible, practically, or not.
I’m listening if you do know, though. I only know what my FakeNews app tells me, and George Stephanopolis says that’s all a lie, so I better be good or Sheppard Mascara Smith might spank me.
I do know that 65M Hillary voters would spontaneously combust if corporate rates went to zero, which would be awesome. So, the down side really isn’t there for me. Let it rip, all other consequences be damned.