Should America lower the corporate tax rates? (on the video go to the time- 9:13 and watch that segment) many countries are in the beginning of 2011. Canada and Japan have already lowered their corporate tax rates should America follow in there footsteps? There is a lot of pressure on congress to deliver lower corporate rates here too. Many feel that if we don’t change our corporate tax rates then we will begin to lose ground with other nations. Also many feel that with lower tax rate may come more jobs because of the extra money the corporations will have. Although the government feels that this will encourage companies to feel there money overseas so that they can make more money.