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Corporations in the U.S. now have a flat income tax policy (with loopholes as always, but thats a separate issue). If federal income taxation on
Corporations in the U.S. now have a flat income tax policy (with loopholes as always, but thats a separate issue). If federal income taxation on corporations went back to being a progressive income taxation policy, how would that affect Figure 5-1? (Side note: I suspect most states in the U.S. still impose progressive income taxation policies on corporations.)
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