A labour union leader said at a recent rally that
A labour union leader said at a recent rally that there would be plenty of money for health care, education, and other social programs if governments simply collected the deferred (future) income taxes that corporations owe and report on their balance sheets. A friend of yours asked you, in response to the union leader's comments, how it is that businesses can avoid paying their taxes whereas working people can't.

Required:
Respond to your friend.

Membership TRY NOW
  • Access to 800,000+ Textbook Solutions
  • Ask any question from 24/7 available
    Tutors
  • Live Video Consultation with Tutors
  • 50,000+ Answers by Tutors
OR
Relevant Tutors available to help