Brandon Arnold: Increasing the corporate tax rate would fuel inflation

2 months ago
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National Taxpayers Union Executive Vice President Brandon Arnold says raising the corporate tax rate from 21% to Vice President Kamala Harris’ proposed 28% would lead to companies reducing workers’ pay or raising product prices. “Either way or a combination of the two, workers and consumers are getting hosed, we are sending more money to the Treasury, and we’re also encouraging companies to relocate,” he says.

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