Obama said during the SOTU he wants to lower the corporate tax rates?

Do you agree with him? And if so how would you make them. I think its 35% currently, how low do they need to go to encourage more investment in the US? I thought higher tax rates increased economic growth, isn't that what we learned during the Reagan years? I'm very confused, Obama is starting to sound like Reagan, I hope its just BS to convince the moderates to get back on board supporting Obama.Obama said during the SOTU he wants to lower the corporate tax rates?
The tax rate actually needs to increase to the levels they were before Reagan got in to office, which is upward around 77% after a certain amount of money.



Giving corporations tax breaks has historically been shown to create problems. Corporations horde their cash; they don't go out and put it back in to the economy.



Corporations only add as many jobs as is necessary to increase profit; this means that if consumers aren't consuming, corporations will create 0 jobs and in fact the corporations, tax breaks or not, will cut jobs to keep a specific profit-margin.



Giving corporations tax breaks is like tipping a multi-millionaire a few bucks. They won't use it for anything but to stick in their pocket for a long time.



Again, tax breaks do NOT create stimulus to the economy.



This is basic econ 101.
Reagan lowered taxes during the recession and raised them when the economy was booming. That is the proper way to keep an economy going.

Lowering the corp tax rate is a good way to encourage business relocation to the US, keep business here and expand existing business.

All of which will lead to job creation and a booming economy.

He should have done this last year though.

High tax rates do not encourage economic growth, is slows it by removing money from the private sector. Wealth is created by the private sector, and is redistributed by the public sector.Obama said during the SOTU he wants to lower the corporate tax rates?
Rest assured, Obama is just faking to be a Reagan follower. To answer your question corp tax rates need to go to zero. We don't need double taxation. At the same time Cap gains tax needs to go up to 25% and the highest individual tax bracket needs to drop to 25%. Don't worry it won't happen, its not part of Obama's socialist transformation.

PS I hope Obamabot answers your question he gets Obama's talking points and will have a party line answer for you. He will both try to please the left and the right and somehow drive a truck through the middle. Its fun to read his answers.
Bear in mind that corporate taxes are just a hidden tax to the consumer. Every single penny of corporate tax is passed along to the consumer in the form of higher prices.



So the correct answer is no corporate taxes.Obama said during the SOTU he wants to lower the corporate tax rates?
I'm all for lowering the rate, as long as corporations who make profits actually pay taxes.



ExxonMobil had record profits, but paid ZERO U.S. taxes last year by exploiting loopholes.