Today in class we considered whether or not the corporate tax rate should be reduced.
If you were absent, watch the following video clips:
- 60 Minutes: Are US Corporate Tax Rates Too High?
- Warren Buffett on Corporate Taxes
- Eliminate US Corporate Income Tax
- Corporate Tax Cuts Create Jobs (Outside of America)
Also, complete the following short writing assignment:
How should Congress respond to President Trump’s tax proposal?
- Should they adopt it as law? Why? Why not?
- Should they adopt components of it but not others? Which parts should be adopted? Which parts should not be adopted? Explain.