Multiple Choice
One argument advanced in favour of reducing corporate income tax rates is
A) corporations increase the wealth of shareholder's which contribute to increases in GDP.
B) reducing corporate income tax will lead to a higher capital stock and a higher standard of living.
C) corporate dividends accrue mostly to middle-income and low-income investors who are already paying heavy income taxes.
D) corporate income tax is illegal.
Correct Answer:

Verified
Correct Answer:
Verified
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