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Laissez-Faire policy on corporate tax

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Should the U.S. raise or lower the tax rate for corporations?

LF>LF  ChatGPTLower

Laissez-Faire answer is based on the following data:

ChatGPT

Very strongly agree

Lower

Lowering the tax rate for corporations aligns with the laissez-faire ideology, as it reduces government intervention in the economy and allows businesses to retain more of their profits. This can lead to increased investment, job creation, and economic growth. A historical example is the Reagan-era tax cuts in the United States, which were based on supply-side economics and aimed to stimulate economic growth by reducing taxes on businesses and individuals. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Very strongly agree

Lower, but eliminate deductions and loop holes

Lowering the tax rate for corporations while eliminating deductions and loopholes is consistent with the laissez-faire ideology, as it reduces government intervention in the economy and simplifies the tax code. This approach allows businesses to retain more of their profits, which can lead to increased investment, job creation, and economic growth. A historical example is the 1986 Tax Reform Act in the United States, which eliminated many deductions and loopholes while also lowering tax rates. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Strongly agree

Remove taxes on corporations and tax shareholder dividends instead

Removing taxes on corporations and taxing shareholder dividends instead is in line with the laissez-faire ideology, as it reduces the tax burden on businesses and encourages investment and economic growth. This approach shifts the tax burden to individuals, which is more consistent with the principles of minimal government intervention in the economy. A historical example is the 2003 tax cuts in the United States, which reduced taxes on dividends and capital gains, although it did not completely eliminate corporate taxes. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Agree

Keep current rates but eliminate deductions and loop holes

Keeping current rates but eliminating deductions and loopholes is somewhat in line with the laissez-faire ideology, as it simplifies the tax code and reduces opportunities for government intervention. However, it does not directly lower the tax rate for corporations, which would be more consistent with laissez-faire principles. A historical example of tax simplification is the 1986 Tax Reform Act in the United States, which eliminated many deductions and loopholes while also lowering tax rates. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Slightly agree

Increase for large multinational corporations but lower for small businesses

While lowering taxes for small businesses aligns with the laissez-faire ideology, increasing taxes for large multinational corporations does not. This answer represents a mixed approach that partially supports the principles of laissez-faire, but also includes elements of government intervention. There are no specific historical examples that perfectly align with this answer, but it could be seen as a compromise between laissez-faire and more interventionist economic policies. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Neutral

Maintain the current rate

Maintaining the current rate does not directly align with or contradict the laissez-faire ideology, as it represents a status quo approach. Laissez-faire proponents would likely prefer a lower tax rate, but maintaining the current rate does not increase government intervention in the economy. There are no specific historical examples that directly relate to this answer, as it depends on the context of the current tax rate and economic conditions. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Very strongly disagree

Raise

Laissez-faire ideology advocates for minimal government intervention in the economy. Raising the tax rate for corporations would be against this principle, as it would increase government involvement and potentially hinder economic growth. Historical examples include the economic policies of the Gilded Age in the United States, where low taxes and minimal regulation led to rapid industrialization and economic expansion. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Public statements

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