Author Question: American corporate taxes have _________ since 2001. a. increased b. stayed the same c. ... (Read 74 times)

big1devin

  • Hero Member
  • *****
  • Posts: 583
American corporate taxes have _________ since 2001.
 
  a. increased
  b. stayed the same
  c. decreased

Question 2

What advantages do big corporations have over individuals in sheltering their income from tax?
 
  a. They have tremendous lobbying power in Congress, which enables them to get special tax concessions enacted that ordinary citizens could not.
  b. Unlike individuals, corporations can break themselves into different entities on paper and treat phony, non-existent transactions among those entities as if they actually happened.
  c. The 1986 Tax Reform Act freed corporations from paying any state income taxes.
  d. a and b above



ashely1112

  • Sr. Member
  • ****
  • Posts: 347
Answer to Question 1

C

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

For a complete list of videos, visit our video library