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David Trone on Corporations

 

 


Repeal the GOP tax cut given to big corporations

Q: With projections showing the federal deficit will continue to rise in future years, how do you propose getting the federal budget under control?

A: I would repeal the recent tax cuts for big corporations, which left us with $1.9 trillion in debt. Before the tax cuts, the effective rate for the biggest corporations was about 24%, comparable to the average 23% in other developed nations. I also support the Buffett Rule that people making over $1M a year should pay no less than 30% in taxes.

Source: Hagerstown Herald-Mail coverage of 2018 MD-6 House race , Oct 18, 2018

PVS:Lower corporate taxes don't promote economic growth.

Trone opposes the PVS survey question on corporate tax cuts

Project Vote Smart inferred whether candidates agree or disagree with the statement, 'Economy: Do you support lowering corporate taxes as a means of promoting economic growth?' PVS self-description: "The Political Courage Test provides voters with positions on key issues. Historically, candidates have failed to complete our test due to the advice they receive from their advisors and out of fear of negative attack ads."

Source: PVS Survey 18PVS-11b on Aug 1, 2018

Other candidates on Corporations: David Trone on other issues:
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