system
Given the following post, respond as if you're commenting on Reddit:
human
Does lowering taxes on corporation increase economic growth?

We know that lowering them allows for more investments, higher wages, and distorts the market less. Therefore does all this contributes to economic growth?
gpt
Taken by itself, lower corporate tax rates should encourage more investment, however, if it leads to lower government tax revenues, then it will increase the budget deficit and reduce investment.

The answer to your question depends on what you mean by lowering rates. 

If lowering rates doesn't reduce total government revenue (possible through better tax collection or removal of exemptions), then yes, lower tax rates should encourage more investment which will lead to more long term growth. 

Or, if lower corporate taxes are matched with higher rates on less-distortionary taxes (e.g. a land tax or pigouvian taxes) so that total government tax revenue is unchanged,  then again, lowering rates will lead to more investment which will lead to more long term growth. 

Or, if lower tax rates are accompanied by reductions in the government non-infrastructure spending (infrastructure spending is good for growth) so that the budget deficit does not increase, then again, it will lead to more investment which will lead to more long term growth. 

However, if by lowering rates you mean that corporation pay less taxes, with nothing to compensate, then the increase in the budget deficit will increase interest rates and reduce investment. Essentially, the higher budget deficit lowers the *supply* of funds available for investments, and this effect will likely overwhelm any effect from the higher *demand* for investments that results from lower tax rates.

Also, if lower tax rates are accompanied by cuts to government infrastructure spending to keep the budget balance constant, this too will probably lower long run economic growth, as any increase in investment is likely less than the reduction in tax revenue, and hence the necessary cuts to infrastructure spending to fund that tax cut.