Download or read book International Corporate Tax Rate Comparisons and Policy Implications written by Gravelle and published by CreateSpace. This book was released on 2014-10-31 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: Advocates of cutting corporate tax rates frequently make their argument based on the higher statutory rate in the United States as compared with the rest of the world; they argue that cutting corporate taxes would induce large investment flows into the United States, which would create jobs or expand the taxable income base enough to raise revenue. President Barack Obama has supported a rate cut if the revenue loss can be offset with corporate base broadening. Others have urged on one hand, a revenue raising reform, and, on the other, setting deficit concerns aside.