/----/ For the 10,000th time - corporations treat taxes as overhead and pass them on to the consumer in the form of higher prices. I don't know about you, but I already pay enough for stuff.While I can understand how tax cuts on the middle class and small to medium businesses can help the economy, I am reluctant regarding giving tax cuts to large corporations. The main reason is that history has proven they engage into speculative investment ( derivatives, stock exchange, money markets).
These activities hardly help the economy or consumption.
The only way around this problem is to either tax capital gains or a tax on wealth.
Now just a definition of large corporation : a corporation with sales exceeding one billion dollars.
https://www.forbes.com › sites › adammillsap › 2021 › 04 › 28 › higher-corporate-taxes-affect-everyone