It always works. And it did work, but we lowered the effective rate. So back then, these are JCT numbers, The effective rate for both large and small corporations were 21.8%... Now, large corporations have an effective rate of 10.8%, large corporations 14.8. corporations 14.8. So we can't even screw that up. We made a differential between the large guys and the small guys. (19:03–19:18)
CLAIM
Asserts that the effective tax rate for corporations decreased from 21.8% to 10.8% for large corporations and 14.8% for small corporations.
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