U.S. GDP vs. Corporate Tax Receipts and Top Marginal Tax Rate.

Americans have been told for decades that lowering corporate tax rates improves the economy (GDP) and actually lowers the U.S. Federal Budget deficit because lower tax rates increase the amount of tax revenue which the government receives from corporations. However, there doesn’t appear to be any economic and statistical basis for that assertion.
Data sources: IRS, U.S. Department of Commerce