Should New Zealand raise or lower the tax rate for corporations?
The U.S. currently levies a 35% tax rate at the federal level and an average tax of 4% at the state and local level. The average corporate tax rate worldwide is 22.6%. Opponents of argue that raising the rate will discourage foreign investment and hurt the economy. Proponents argue that the profits corporations generate should be taxed just like citizen’s taxes.
63% Raise |
16% Lower |
53% Raise |
13% Lower |
10% Keep current rates but eliminate deductions and loop holes |
3% Lower, but eliminate deductions and loop holes |
0% Remove taxes on corporations and tax shareholder dividends instead |
See how support for each position on “Corporate Tax” has changed over time for 57k New Zealand voters.
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See how importance of “Corporate Tax” has changed over time for 57k New Zealand voters.
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Unique answers from New Zealand users whose views extended beyond the provided choices.
@9HK9YD6 4mos4MO
Multiple increase and small bussiness tradestaff legs seats legend former US president Donald Trump and former UK Prime Minister Boris Johnson left students dramatic
@9G5S5WG6mos6MO
Lower if there is proof that staff are paid fairly and that a certain percentage of profits are being invested back into the business to provide more jobs and perhaps a certain percentage could be required to be donated to the community in which they operate to help fund the building of more housing and infrastructure for the workers they need
@8HL8YHD4yrs4Y
Ensure all corporations are taxed equally.
@8HFT66T4yrs4Y
Tax overseas cooperations who don’t pay taxes on New Zealand
@8H6GZKW4yrs4Y
Raise, tax dividends for shareholders and remove loopholes or portals for corporations to reduce their tax burden.
@8GX36BZ4yrs4Y
Raise for large multinational corporations but lower for small businesses WHILE ALSO eliminating deductions and loop holes
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