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Should Korea raise or lower the tax rate for corporations?

Results

Last answered 3 weeks ago

Corporate Tax Poll Results

Raise

814 votes

61%

Lower

282 votes

21%

Distribution of answers submitted by Korean voters.

2 Raise answers
3 Lower answers
2 overlapping answers

Data includes total votes submitted by visitors since Dec 6, 2013. For users that answer more than once (yes we know), only their most recent answer is counted in the total results. Total percentages may not add up to exactly 100% as we allow users to submit "grey area" stances that may not be categorized into yes/no stances.

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Raise Lower Importance

Data based on 30-day moving average to reduce daily variance from traffic sources. Totals may not add up to exactly 100% as we allow users to submit "grey area" stances that may not be categorized into yes/no stances.

Learn more about Corporate Tax

The U.S. currently levies a 35% tax rate at the federal level and an average tax of 4% at the state and local level. 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.  See recent corporate taxes news

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