Corporate Taxes: Less, Less, and Less

MacEwan answers the question of why the US government cannot offer low taxes to corporations. So, in general, offering corporations a low tax rate on the income they use for these productivity-increasing activities would actually be presenting them with a higher tax rate than they pay now on expenditures for these activities. This "offer" would certainly not lead them to accept a higher rate on the rest of their income. There is, however, a well-founded question implicit in the proposal, namely, how do we get corporations to pay more taxes? The experience of the last several decades, topped off by the corporate tax reduction enacted at the end of 2017, has long been one of declining corporate tax rates and a declining share of federal revenue coming from corporations.