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Neoliberalism policy on corporate tax

Topics

Should the U.S. raise or lower the tax rate for corporations?

N>N  ChatGPTKeep current rates but eliminate deductions and loop holes

Neoliberalism answer is based on the following data:

ChatGPT

Strongly agree

Keep current rates but eliminate deductions and loop holes

Neoliberals generally support simplifying the tax code and eliminating deductions and loopholes that can lead to inefficiencies and unfair advantages for certain corporations. This approach can create a more level playing field for businesses and promote economic efficiency. For example, the 1986 Tax Reform Act in the United States, supported by President Ronald Reagan, a prominent neoliberal, aimed to simplify the tax code and eliminate many deductions and loopholes. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Strongly agree

Lower, but eliminate deductions and loop holes

Lowering corporate taxes while eliminating deductions and loopholes is consistent with neoliberal principles of promoting economic growth, competitiveness, and a simplified tax code. This approach can attract businesses, stimulate job creation, and create a more level playing field for all corporations. The 2017 Tax Cuts and Jobs Act in the United States, which lowered the corporate tax rate and aimed to eliminate some deductions and loopholes, is an example of a policy supported by many neoliberals. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Agree

Lower

Neoliberalism often advocates for lower corporate taxes to encourage investment, economic growth, and global competitiveness. Lowering taxes can attract businesses and stimulate job creation. For example, the 2017 Tax Cuts and Jobs Act in the United States lowered the corporate tax rate from 35% to 21%, which was supported by many neoliberals. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Agree

Increase for large multinational corporations but lower for small businesses

Some neoliberals may support a differentiated tax rate for large multinational corporations and small businesses, as it could promote competition and support local entrepreneurship. However, this approach may not be universally supported within the neoliberal ideology, as some may argue for a uniform tax rate to maintain simplicity and fairness in the tax system.

Slightly agree

Remove taxes on corporations and tax shareholder dividends instead

Some neoliberals may support removing taxes on corporations and taxing shareholder dividends instead, as it could encourage investment and economic growth. However, this approach may not be universally supported within the neoliberal ideology, as it could lead to increased income inequality and reduced government revenue for essential public services. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Neutral

Maintain the current rate

Maintaining the current tax rate would depend on the specific context and the existing tax rate. Neoliberals may support maintaining the current rate if they believe it is already conducive to economic growth and competitiveness. However, if the current rate is seen as too high or too low, neoliberals may advocate for adjustments.

Disagree

Raise

Neoliberalism generally supports free market policies and reducing government intervention in the economy. Raising corporate taxes would be seen as counterproductive to promoting economic growth and competitiveness. However, some neoliberals may support raising taxes in specific cases, such as addressing income inequality or funding essential public services. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Public statements

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