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Assume that the U.S Congress replaces the current individual and corporate income tax rate structures with a proportionate rate that applies to both types of

Assume that the U.S Congress replaces the current individual and corporate income tax rate structures with a proportionate rate that applies to both types of taxpayers. Discuss the effect of this change in the federal law on tax strategies based on: a. The entity variable b. The time period variable c. The jurisdiction variable d. The character variable

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