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Discuss some pros and cons of eliminating the corporate income tax entirely. If

ID: 2429359 • Letter: D

Question

Discuss some pros and cons of eliminating the corporate income tax entirely.

If the tax were? eliminated, corporations would be (OPTIONS: more, less, equally as) likely to spend money on special interest lobbying efforts.

All else? equal, without the? tax, government would have (OPTIONS:less, more, the same amount) of revenue to fund government programs.

If the corporate income tax were? eliminated, corporations would be (OPTIONS:more, less, equally as) likely to offshore their profits or operations.

By eliminating the corporate income? tax, government would likely (OPTIONS:not change, increase, decrease) socially costly behaviors by businesses.

Explanation / Answer

a) if the tax were eliminated, corporations would be "less" likely to spend money on special interest lobbying efforts.

b) "Less" fund for the government program.

c) "Less" likey to offshore their activities.

d) "Decrease" the social costly behavior by the business.

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