ALL republicans and NO president has lowered the corporate tax rate lower than Trump has since 1938.
I never claimed they didn't.
I know, in many cases paying the taxes their employer didn't pay.
Yes, but some are offset by the incentives they receive.
Economic incentive awards have grown in frequency and economic magnitude over time, with a
New York Times article noting that for state governments, “incentives have become the cost of doing business with almost every business.”
The majority of state economic incentives relate to tax credits, abatements, and rebates spanning all types of business taxes (e.g., income, property, payroll, sales/use, etc.).
Other types of incentives include cost reimbursement programs, grants, and forgivable loans. Recipients of multi-million dollar state economic incentives beyond Amazon include other well-known companies such as Berkshire Hathaway, Boeing, Exxon Mobil, FoxConn, General Motors, Nike, Royal Dutch Shell, Sasol, Toyota, and Volkswagen.
Critics of corporate economic incentives view these awards as the product of “pay-to-play” policies that favor corporations with political connections, with some noting that corporate economic incentives are “antithetical to the idea of free markets” and the “result of insidious cronyism.”
For example, when a close friend of then-New Jersey governor Chris Christie oversaw the New Jersey Economic Development Authority, more than $1 billion in corporate economic incentives were awarded to 22 companies—21 of which had close ties to Governor Christie and the Republican Party.