Author Question: One criticism of the corporate income tax is that A) it is too regressive. B) it is too flat. ... (Read 109 times)

robinn137 · **on:** Jun 29, 2018

One criticism of the corporate income tax is that

A) it is too regressive.
B) it is too flat.
C) it is so complex to administer that corporate income taxes are rarely collected by the Internal Revenue Service.
D) a portion of the corporations' tax burden is passed on to consumers via higher prices for goods and services and to workers via lower wages.

Question 2

Which of the following statements is TRUE?

A) No economic model captures every detail that affects a problem.
B) Economic models always make accurate predictions about behaviors.
C) Economic models must fully reflect reality.
D) Economic models use economists' opinions with no use of data.