Abstract
For a book that is supposed to provide objective analysis, the title of this chapter may seem a little overbearing. After all, aren’t there two sides to every story? Well, when it comes to the economics of corporate tax, the answer is a big fat no. There is no economic justification for its existence. This statement boils the blood of liberals, and it surprises most of the general public. Sorry to hurt people’s feelings, but there is no escaping the truth. And this is the almost universally accepted view among economists, both Republican and Democrat. In fact, of all the bad taxes out there, economists consider the corporate tax the most harmful to economic growth.
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© 2011 Martin A. Sullivan
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Sullivan, M.A. (2011). The Overwhelming Case Against the Corporate Tax. In: Corporate Tax Reform. Apress. https://doi.org/10.1007/978-1-4302-3928-4_3
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DOI: https://doi.org/10.1007/978-1-4302-3928-4_3
Publisher Name: Apress
Print ISBN: 978-1-4302-3927-7
Online ISBN: 978-1-4302-3928-4
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