Harris proposes raising the corporate tax rate to 28%, rolling back a Trump law - eviltoast
  • The_v@lemmy.world
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    3 months ago

    Staggered based upon gross income just like personal taxes.

    Tiny businesses 5% Small businesses 25% Mid sized companies 50%. Mega-corporations wth billions - 95%

    • usernamesAreTricky@lemmy.mlOP
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      3 months ago

      One problem with that is that companies could create a ton of subsidiaries or shell companies and move money around in funny ways to keep all of them at the lowest bracket