benefit of lower taxes
A lower US corporate income tax rate will provide important benefits to the US economy, US. households, and the US tax system: ï· Increased competitiveness of the United States in the global economy. ï· Increased capital investment in the United States. ï· Increased employment and living standards for Americans.
A lower corporate tax rate would also offer other benefits. It would reduce the current income tax. systemâs penalty on saving and investment, reduce the tax barriers to investment in the. corporate sector, reduce the incentive for firms to finance investment with debt rather than.