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    US statutory corporate tax rate

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    Make a good argument for keeping the statutory corporate tax rate in the United States the highest in the world. Make the counter argument.

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    Step 1
    The statutory corporate tax rate should be maintained at the highest in the world in the US because it helps tax the rich. The largest corporate shareowners are some of the richest people. The high corporate tax rate enables the US government to take up populist initiatives that reduce unemployment. High taxes on corporate can lead to lower taxes on people with lower ...

    Solution Summary

    This solution explains US statuary corporate tax rate. The sources used are also included in the solution.