Question:
1. Do you think the united states need to cut its corporate income tax rates, change to a
territorial system, or both?
2. Do you believe that lower tax rates attract foreign investment?
3. Many public policy experts argue that tax codes should be revised and simplified, so
that all firms pay a basic flat rate regardless of who they are or where they do business.
What do you think?
Answer:
1. Do you think the united states need to cut its corporate income tax rates, change to a
territorial system, or both?
I consider that taxes are like paying rent to the country and also I consider the taxes are the
pay back to the country since the companies have the chance to generate money and get
benefits from the economy they belong to. Is not the same to create a business in a South
America city, where I came from, where the system is deficient and people and economy
in general is very dysfunctional. I am glad to belong to US economy and I believe the
businesses and their owners should be grateful to have places where to put their business to
work in.
Rates than are designated as income taxes, in my opinion are not that bad as other
European countries that are absolutely crazy. I consider with the current rates, even that
appear to be a little bit high, companies still have the opportunity to make tons of money,
provide employment and so forth.
I don’t believe that territorial taxes would be the answer for United states system, taxes