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3. a) Explain how the taxation of corporations protects the integrity of the personal income tax. What are the other grounds on which a corporation

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3. a) Explain how the taxation of corporations protects the integrity of the personal income tax. What are the other grounds on which a corporation tax may be justified? (2 marks) b) Explain the possible impact of the corporation tax on resource allocation, tax incidence, and excess burden using the different views of the corporation tax. Which view do you think is more realistic? Justify your

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