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As you know. we are in an election cycle. One of the major contenders to be our next president believes that those with the highest
As you know. we are in an election cycle. One of the major contenders to be our next president believes that those with the highest incomes should pav higher taxes (corporate or individual doesn't matter]. Suppose that person is elected president and in fact does raise taxes. If the companies projected sales revenue of 2.?5 million causes the average corporate income tax rate to increase to 45%, what is the impact on the company's net prot after taxes. Knowing the impact to the net prot after taxes [vou, as the company's manager], do you still want to in crease sales revenue as projected, do 1vou discourage growth. or seek another alternative? Explain
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