In the U.S., the Income Generated by

Multiple Choice

In the U.S., the income generated by

A) sole proprietorships and partnerships is never taxed.
B) corporations is taxed using a graduated scale.
C) sole proprietorships, partnerships, and corporations is taxed using a flat rate.
D) sole proprietorships and partnerships is taxed to the individual stockholders at their personal income tax rates.
E) both a and b are correct.