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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@8PJSRNZConservative4yrs4Y
We should lower it, due to Covid-19 at the moment. This way employees can afford to hire more workers.
@8TWDTHBConservative4yrs4Y
Lower, but only gradually after the federal budget is balanced.
@8R2RMP34yrs4Y
Lower, but remove all existing tax loopholes.
@5GHSCDS4yrs4Y
Remove taxes on corporations and tax speculation of natural resources
@74SQGHQ4yrs4Y
No, and the corporate tax should be eliminated to ensure competitive fairness.
@7GQMXLT3yrs3Y
Balance the budget, then we can talk about whether and how to finance tax cuts.
@7NHC5ZQ4yrs4Y
Remove taxes on corporations and establish a flat land value tax.
@8CN7P7L4yrs4Y
Yes, that will keep jobs in the U.S and hopefully encourage companies to move to the U.S
@8DPWTGP5yrs5Y
Keep it at the worldwide rate to maintain a place in the global market.
@8DM7B8K5yrs5Y
All federal taxation should be removed!
@8HX2KD54yrs4Y
Remove taxes on corporations, but the individual income of the shareholders and corporate officials should pay income tax like everyone else.
@8QPG4TW4yrs4Y
Lower the tax rate for everyone, not just corporations.
@8LCC7N74yrs4Y
I think that they should be lowered a little bit because it will give more job opportunities.
@8M3JMYS4yrs4Y
not knowledgeable for this
@8LYLWBG4yrs4Y
Yes but only the big corporations
@8PGXGG64yrs4Y
neither, create a flat tax
@8QG3TQJ4yrs4Y
Increase for large multinational corporations, keep current rates for small businesses.
@93DHP4B3yrs3Y
Eliminate the income tax by repealing the 16th Amendment
@8Q6C4Y44yrs4Y
Lower partially, then lower it further after the national debt is reduced
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