- Con to the question "Does Lowering the Federal Corporate Income Tax Rate Create Jobs?"
“The most common form of a general cut in business taxes is a reduction in the corporate tax rate. This approach, however, is not a particularly cost-effective method of stimulating business spending: Increasing the after-tax income of businesses typically does not create an incentive for them to spend more on labor or to produce more, because production depends on the ability to sell output.”
“Options for Responding to Short-Term Economic Weakness,” cbo.gov, Jan. 2008
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“Overview,” cbo.gov (accessed July 23, 2013)
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- Pro & Con Quotes: Does Lowering the Federal Corporate Income Tax Rate Create Jobs?