You doubt !.. It happens when tax’s become to high to deal with.. corps. need less burden from government in order to hire more people to expand their business which means more tax base. Why is that so hard for a democrat to understand.. Why do you think less money for corporations equals more money for the employees. Democrats never think ahead to realize what their feel good w/ no substance policies will do in the long run… Think before you act for once,, please…
No, I get that corporations have great incentive to maximize profits. But all the farming for lower corporate tax rates is already done. There are more than twenty countries with a 0% corporate tax rate, and yet we still have corporations here in the US. When Trump lowered the corporate tax rate, we didn't suddenly gain new corporations from other countries.
It's not that Democrats don't understand your logic. It's just been shown to be false. "Trickle-down" economics never worked, and the Laffer Curve is a silly mental exercise. Since Reagan, the national debt has increased to unsustainable levels, and all the easy spending cuts have already been made. If anything, raising the corporate tax rate to 29% isn't enough.