Corporations pay lower taxes than ever. A modest corporate tax hike would be transformative.
An across-the-board rate hike and a CEO pay surtax would send a powerful message: All large profitable corporations must pay their fair share.
A little history can help us with the answer.
House Republicans are doubling down on reforms that awarded tax giveaways to corporations and the wealthy.
Will corporate tax receipts increase under the Trump tax plan? Will the income individuals report decline? Only one thing is sure: The rich will come out ahead.
But health care costs, not corporate taxes, are the real drain on the U.S. economy.