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Ep6 "Can (and Should) Corporations Be Taxed?" with Larry Summers

All Else Equal: Making Better Decisions

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Corporate Tax

Corporations invest less because it's a tax sector, and capital moves to less taxed sectors. Less than ten per cent of government revenue is raised in the corporate tax. One reason for that is that corporations engage in various tax avoidance strategies. Some of these strategies affect the political economy,. especially lobbing and things like that.

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