India currently levies a 35% tax on all businesses. The average corporate tax rate worldwide is 22.6%. Opponents of argue that raising the rate will discourage foreign investment and hurt the economy. Proponents argue that the profits corporations generate should be taxed just like citizen's taxes.
39% Raise |
45% Lower |
29% Raise |
38% Lower |
10% Keep current rates but eliminate deductions and loop holes |
7% Lower, but eliminate deductions and loop holes |
1% Remove taxes on corporations and tax shareholder dividends instead |
See how support for each position on “Corporate Tax” has changed over time for 1.3k India voters.
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See how importance of “Corporate Tax” has changed over time for 1.3k India voters.
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