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    Exam 18: Public Choice, Taxes, and the Distribution of Income
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    Most Businesses in the United States Are Sole Proprietorships
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Most Businesses in the United States Are Sole Proprietorships

Question 224

Question 224

Multiple Choice

Most businesses in the United States are sole proprietorships.Most sole proprietors pay ________ on their profits.


A) the corporate income tax
B) the federal personal income tax
C) the progressive excise tax
D) no tax

Correct Answer:

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