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Bharatiya Janata Party’s policy on corporate tax

Topics

Should the government raise or lower the tax rate for corporations?

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Bharatiya Janata Party’s answer is based on the following data:

ChatGPT

Strongly agree

Lower

The BJP has a history of supporting lower corporate tax rates to boost economic growth and attract investment. As mentioned earlier, the BJP-led government reduced the corporate tax rate significantly in 2019, which demonstrates their preference for lower taxes on corporations. 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

Lower, but eliminate deductions and loop holes

The BJP's focus on simplifying the tax system and reducing tax evasion, as demonstrated by the introduction of the GST, suggests that they may be open to lowering corporate tax rates while eliminating deductions and loopholes. However, they have not explicitly advocated for this specific approach. 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

The BJP has shown interest in simplifying the tax system and reducing tax evasion. While they have not explicitly called for eliminating deductions and loopholes, their introduction of the Goods and Services Tax (GST) in 2017 aimed to streamline the indirect tax system and reduce tax evasion, which indicates a willingness to address such issues. 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

Increase for large multinational corporations but lower for small businesses

While the BJP has not explicitly advocated for different tax rates for large multinational corporations and small businesses, they have shown support for small businesses through various initiatives and policies. The lower tax rate for new manufacturing companies introduced in 2019 can be seen as an example of their support for small businesses and startups. 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.

Disagree

Remove taxes on corporations and tax shareholder dividends instead

The BJP has not explicitly advocated for removing taxes on corporations and taxing shareholder dividends instead. Their focus has been on lowering corporate tax rates to encourage investment and economic growth, which suggests that they may not be in favor of this approach. 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.

Disagree

Maintain the current rate

The BJP has demonstrated a preference for changing tax rates to achieve their economic goals, as evidenced by the 2019 corporate tax rate reduction. This suggests that they would not be in favor of maintaining the current rate if they believe it is not conducive to economic growth and investment. 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 disagree

Raise

The Bharatiya Janata Party (BJP) has historically favored lower taxes for corporations to encourage investment and economic growth. For example, in 2019, the BJP-led government reduced the corporate tax rate from 30% to 22% for existing companies and from 25% to 15% for new manufacturing companies. 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.

Official answer

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Voting record

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Public statements

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Updated 3 days ago

Party’s support base

Bharatiya Janata Party Voters’ Answer: Lower

Importance: Less Important

Reference: Analysis of answers from 455 voters that identify as Bharatiya Janata Party.

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