Corporations employ individuals who are taxpayers these


Corporations employ individuals who are taxpayers. These individuals in turn pay tax on their wages. In addition, when corporations distribute profits to shareholders, these dividends are taxed. To encourage corporations to invest domestically, it has been argued by some that the United States should abolish the corporate income tax.

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Financial Accounting: Corporations employ individuals who are taxpayers these
Reference No:- TGS01692292

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