During the 2012 presidential campaign, President Barack Obama proposed lowering the corporate tax rate from 35 percent to 28 percent. Evaluate the effect of this proposal on efficiency, equity, and the amount of investment.
Answer to relevant QuestionsIn each of the following circumstances, decide whether the impact of government on the economy increases or decreases and why. In each case, how does your answer compare to that given by standard measures of the size of ...A letter to the editor of the Wall Street Journal made the following claim: “The tax code’s most regressive and unfair individual tax is— guess what?— the corporate income tax! All products and services purchased by ...How would each of the following events affect the national debt as it is currently measured? a. The government borrows to finance a Memorial Day parade. b. The Statue of Liberty is sold to a group of private entrepreneurs. ...According to a New York Times columnist, “The estate tax affects a surprisingly small number of people. In 2003, . . . just 1.25 percent of all deaths resulted in taxable estates, with most of them paying relatively ...In California, property values are reassessed only after a sale has taken place. For proper-ties that have not been sold in the past year, the law allows only a small increase in the assessed value. Consequently, someone who ...
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