> Raising corporate taxes would not cause any businesses to fail.
It is a little more nuanced than that. Raising corporate taxes can make it harder for businesses to succeed if it sharply reduces after-tax profits or discourages investment. OTOH, if done well, the incremental tax revenue can create a healthier business environment overall.
It is a little more nuanced than that. Raising corporate taxes can make it harder for businesses to succeed if it sharply reduces after-tax profits or discourages investment. OTOH, if done well, the incremental tax revenue can create a healthier business environment overall.