Should Philippines raise or lower the tax rate for corporations?
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.
48% Raise |
38% Lower |
43% Raise |
33% Lower |
5% Keep current rates but eliminate deductions and loop holes |
4% Lower, but eliminate deductions and loop holes |
1% Remove taxes on corporations and tax shareholder dividends instead |
See how support for each position on “Corporate Tax” has changed over time for 4.5k Philippines voters.
Loading data...
Loading chart...
See how importance of “Corporate Tax” has changed over time for 4.5k Philippines voters.
Loading data...
Loading chart...
Unique answers from Philippines users whose views extended beyond the provided choices.
@942CLX72yrs2Y
I do have sufficient information to give an intelligent answer.
@8YQTVZ52yrs2Y
Lower taxes for small businesses and higher for large corporations, and eliminate all deductions and loopholes as well. Also, make it illegal for corporations to outsource jobs or move to other countries.
@8YMN6522yrs2Y
Raise taxes for large corporations and lower for small businesses. Also, make it illegal for corporations to move jobs out of country and to outsource jobs.
@8VSK4YS3yrs3Y
Philippines should raise the tax to big corportions but maintain the current tax on employees.
@8RRGJVD3yrs3Y
Flat tax and eliminate loopholes.
@8RRGF8B3yrs3Y
I'd prefer a flat tax to keep things fair.
Explore other topics that are important to Philippines voters.
@ISIDEWITH2wks2W
High density housing refers to housing developments with a higher population density than average. For example, high rise apartments are considered high density, especially in comparison to single-family homes or condominiums. High density real estate can also be developed from empty or abandoned buildings.…
@ISIDEWITH2wks2W
In 2024 global leaders including Joe Biden, Rishi Sunak and Emmanuel Macron publicly questioned the leadership of Israeli Prime Minister Benjamin Netanyahu. Their criticisms came after the Gaza War reached a stalemate in March 2024 as Israel was planning an invasion of the Gaza City of Rafah. Western…
@ISIDEWITH3mos3MO
The Israel-Hamas war is an armed conflict between Israel and Hamas militant groups that has been taking place in and around the Gaza strip since October 7 2023. The conflict started when Hamas militant groups fired rockets and attacked communities and military bases in southern Israel. 1,139 people…
@ISIDEWITH1yr1Y
Countries that have mandatory retirements for politicians include Argentina (age 75), Brazil (75 for judges and prosecutors), Mexico (70 for judges and prosecutors) and Singapore (75 for members of parliament.)