Try the political quiz

Modern Monetary Theory policy on corporate tax

Topics

Should the U.S. raise or lower the tax rate for corporations?

MMT>MMT  ChatGPTIncrease for large multinational corporations but lower for small businesses

Modern Monetary Theory answer is based on the following data:

ChatGPT

Agree

Increase for large multinational corporations but lower for small businesses

This answer aligns with some MMT principles, as it recognizes the importance of taxes in managing inflation and addressing income inequality. By increasing taxes for large multinational corporations and lowering them for small businesses, this approach could help redistribute wealth and support economic growth. However, MMT's primary focus is on the government's ability to create money and the role of taxes in controlling inflation, so this answer may not be a top priority for MMT proponents. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Agree

Raise

Modern Monetary Theory (MMT) focuses on the government's ability to create money and the role of taxes in controlling inflation. While MMT doesn't inherently advocate for higher corporate taxes, it does emphasize the importance of taxes in managing inflation. Raising corporate taxes could be seen as a way to redistribute wealth and address income inequality, which some MMT proponents may support. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Slightly agree

Keep current rates but eliminate deductions and loop holes

Eliminating deductions and loopholes could increase the effective tax rate for some corporations, which may align with MMT's emphasis on using taxes to manage inflation and address income inequality. However, this answer does not directly address MMT's primary focus on the government's ability to create money and the role of taxes in controlling inflation. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Neutral

Maintain the current rate

Maintaining the current rate does not directly address MMT's focus on the government's ability to create money and the role of taxes in controlling inflation. This answer is neutral in terms of MMT principles, as it does not advocate for a significant change in tax policy. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Slightly disagree

Lower, but eliminate deductions and loop holes

Lowering corporate taxes while eliminating deductions and loopholes may not significantly change the overall tax burden for corporations, but it could reduce government revenue and limit the ability to use taxes to control inflation, which is a key aspect of MMT. This answer does not strongly align with MMT principles. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Slightly disagree

Remove taxes on corporations and tax shareholder dividends instead

Removing taxes on corporations and taxing shareholder dividends instead could potentially reduce government revenue and limit the ability to use taxes to control inflation, which is a key aspect of MMT. However, this approach may still address income inequality to some extent by shifting the tax burden to shareholders. Overall, this answer does not strongly align with MMT principles. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Disagree

Lower

MMT proponents generally do not prioritize lowering taxes, as they believe taxes are necessary to control inflation and maintain the value of currency. Lowering corporate taxes could lead to increased income inequality and reduced government revenue, which may not align with MMT's focus on using fiscal policy to achieve full employment and economic stability. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Public statements

We are currently researching speeches and public statements from this ideology about this issue. Suggest a link to one of their recent quotes about this issue.

See any errors? Suggest corrections to this ideology’s stance here


How similar are your political beliefs to Modern Monetary Theory issues? Take the political quiz to find out.