Exactly. This is why lower corporate taxes hurt the country. Badly. With high corporate tax rates companies are incentivized to invest in tax deductible expens

Exactly. This is why lower corporate taxes hurt the country. Badly. With high corporate tax rates companies are incentivized to invest in tax deductible expenses like: research, employee training and retention benefits, building factories, etc. Higher taxes are good for the country. Lower taxes are only good for wealthy individuals, and only in the short term.