Question: Item 5 9 Let's assume that a few D . C . politicians targeted a natural monopoly and raised their corporate tax rate on profits

Item

59

Let's assume that a few D

.

.

politicians targeted a natural monopoly and raised their corporate tax rate on profits from the current

21

percent to

50

percent? Let's also assume that the politicians were so proud of what they did that they started to brag in public that they were "standing up for the people."

Question: Will the monopoly end up paying those higher taxes? Will they be able to recover all the new taxes they will pay?

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