Does Lowering the Federal Corporate Income Tax Rate Create Jobs?
President Donald Trump, Speaker of the House Paul Ryan, and Vice President Mike Pence
Source: Caleb Smith, “Speaker Paul Ryan Meets with the President and Vice Presidents-Elect, Donald Trump and Gov. Mike Pence on Capitol Hill after Their Election,” wikimedia.org, Nov. 10, 2016
As Congress debates new corporate tax legislation, ProCon.org, the leading resource for the pros and cons of controversial issues, has updated its nonpartisan information on how corporate tax rates affect the unemployment rate and the economy.
The research is available at https://corporatetax.procon.org/
“Students, educators, policymakers and the general public use our information not only to help them decide how they should think about important issues, but also to gain insight into why others may disagree with them,” said CEO Kamy Akhavan. “In this time of hyper-partisanship, we offer an agenda-free, ad-free, nonpartisan approach to this issue and many more as a free online resource,” he explained.
The ProCon.org website on corporate taxation’s relation to job growth provides sourced pro and con arguments, historical information, videos, photos, charts, and graphs. In its exploration of the main question, “Does lowering the federal corporate income tax rate create jobs?,” the website includes pro and con quotes from prominent sources including Orrin Hatch (pro), Warren Buffet (con), National Foreign Trade Council (pro), and Mark Cuban (con).
The “Did You Know?” section includes fun facts about corporate taxation, such as:
For more information on this issue, please visit https://corporatetax.procon.org/