Business Taxes

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Policy Basics

Corporate income taxes make up about 7 percent of federal revenue, a share that has shrunk significantly in recent decades. 

We work to ensure that corporations pay their fair share to fund the government or reduce deficits. We believe corporations should pay higher taxes as part of a balanced approach to deficit reduction, or as part of comprehensive tax reform that also contributes to deficit reduction.  We highlight the importance of eliminating or scaling back costly and unfair corporate tax breaks.