Show me a higher rate and i’ll show you a move to tax free or more tax efficient investments and strategies.
Corporate tax rates are paid not by corporations but by consumers in the price of goods or services... another form of taxation.
The rich will benefit from corp tax deductions far, far more than anyone else. I’d be ok with my taxes increasing slightly to cut corp taxes to 15%. My stock would go up a lot more in value than my tax cost.
End estate taxes, end property taxes, and triple the standard deduction.
I say bring back the tax rates that were in place when Eisenhower was president. Adjusted for inflation of course. Jobs were plentiful, the economy was booming and the massive war debt was being paid off.