According to the 2004 economic report of the president, Accounting Basics

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According to the 2004 economic report of the president

According to the 2004 Economic Report of the President, "Another crucial principle [of tax incidence] is that only people can pay taxes. Businesses and other artificial entities cannot pay taxes." Do you agree that businesses cannot pay taxes? Don't businesses pay the federal corporate income tax? Briefly explain.

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Accounting Basics: According to the 2004 economic report of the president

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