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Consider the Tax Cut and Jobs Act of 2017. What were the rationales behind reducing the corporate tax rate? Did reducing the corporate tax rate
Consider the Tax Cut and Jobs Act of 2017. What were the rationales behind reducing the corporate tax rate? Did reducing the corporate tax rate succeed in these goals? Lastly, an argument frequently put forward for eliminating the corporate tax rate is that it is double taxation (corporate profits are taxed and then any dividends or capital gains are taxed again): why isn't this argument ever made for income taxes and sales taxes paid by individuals?
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