Chapter
The Controversy Surrounding Corporate Income Taxes
02:28 - 06:55 (04:27)
The debate over corporate income tax has surfaced as many believe it to be a good source of revenue for the government, while others argue that it might not be the best way to achieve economic growth.
Clips
This podcast episode discusses the misconception around corporate income tax and why it is hard to understand its impact.
02:28 - 04:47 (02:19)
Corporate Income Tax
Summary
This podcast episode discusses the misconception around corporate income tax and why it is hard to understand its impact.
ChapterThe Controversy Surrounding Corporate Income Taxes
EpisodeHow Corporate Taxes Work
PodcastStuff You Should Know
Corporate tax revenues in the US represent only a fraction of the tax revenue collected from individuals.
04:47 - 06:55 (02:08)
Corporate Income Tax
Summary
Corporate tax revenues in the US represent only a fraction of the tax revenue collected from individuals. However, the reduction of corporate tax rates has not led to an increase in profits, but rather the opposite.