The corporate income tax is

a. a tax on corporate profit, not revenue.
b. the single largest source of federal revenue.
c. a payroll tax paid partially by employees and partially by employers.
d. has increased as a proportion of federal tax revenue since 1950.

a

Economics

You might also like to view...

The sum of all planned expenditures for the entire economy at each possible price level is

A) aggregate demand. B) effective demand. C) aggregate supply. D) actual expenditures by consumers.

Economics

Which of the following is an example of capital income?

A) Wage paid to a worker B) Free lunch at work C) Interest earned on money lent out D) Free parking space in a mall

Economics