I might be in the minority but I think there should be a 0% corporate tax rate. For the amount of revenue received by corporations doesn't match how much affect they can have on the tax code. They lobby quite a bit to affect their tax status and situation because they have the means. Yet its the individuals that contribute the most taxes but have the least amount of lobbying power. The tax code should be decided by policy of the democratically elected. Reduce the corporate rate to 0% and lobbying will decline I believe.
Why would a corporation with lots of regulations they'd like changing suddenly stop lobbying for them just because they didn't pay any tax? And if lobbying for lower taxes is undesirable, surely actually giving the lowest possible tax to the lobbyists to make them go away is worse still?
That's a really interesting perspective, and yes I think you are most definitely in the minority. Your point is well taken, though
I wonder, however, if corporations stop lobbying over taxes, will they just move that budget over to other things? Like lobbying against EPA regulations, etc.? Corporations are going to spend what corporations spend on lobbying, regardless the issue at hand.
I do really like your point that John Q. Public pays more in overall tax but gets significantly less in representation. This needs to be fixed.
