Tax Question on Corporate Tax

Business & Finance
Tutor: None Selected Time limit: 1 Day

Is the Corporate Tax efficient?  What is progressive taxation?

Mar 29th, 2015

The corporate tax is a twofold expense. The government first gathers imposes on corporate benefits and afterward charges shareholders through the individual salary duty code on either their profit wage or their capital addition. The corporate income tax becomes less progressive as more Americans invest in pensions, real estate, mutual funds and direct stock holdings. More than 50 percent of American households now own equities either outright or through personal retirement plans. Gains in capital ownership by lower-income individuals will be increasingly punished by double-taxation as their holdings grow.

Progressive tax is a tax that takes a larger percentage from the income of high-income earners than it does from low-income individuals.


Mar 29th, 2015

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Mar 29th, 2015
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Mar 29th, 2015
Dec 8th, 2016
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