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tarasen57 tarasen57
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Posts: 394
A week ago

Which of the following statements concerning the federal corporate income tax is true?



It is an efficient tax because it imposes a small excess burden relative to the tax revenue it raises.



The corporate income tax is an example of the benefits-received principle.



Determining the incidence of the corporate income tax is complicated because it is not certain how corporations respond to the tax.



The incidence of the corporate income tax can be determined by using demand and supply analysis.

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NicoleLoveNicoleLove
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Posts: 303
A week ago
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Determining the incidence of the corporate income tax is complicated because it is not certain how corporations respond to the tax.

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