[mrkajz44]

On the topic of corporate tax rates, most people are unaware of how corporate tax really works and integrates with personal tax.

Essentially, corporate tax rates are lower than personal rates because the profit is taxed once in the corporation, and then taxed again when the money is paid out as a dividend to a person. The combined effect of these taxes roughly equal the amount of tax an individual would pay normally on the business income, if there was no corporation involved.

So there is no real benefit to raising corporate tax in the long run. Once the money is distributed out, the same amount of tax revenue is earned (corporate plus personal). The reason they keep corporate tax rates low is to allow businesses to push more money back into their business, allow faster growth, more jobs, ect.