ient: Funding the Public Sector Question: Explain your thought process for the changes you made to the personal income tax brackets? What economic factors did you consider? Question: Personal income Taxes are progressive. What does this mean? Question: How would you have approached this task ditferently if Personal income Taxes were proportional or regressive in nature? Corporate Tax There is also a projected short fall in Corporate Tax revenue, which typically generates about 325 billion doliars. This year, you're looking al a diop of close to 25 billion doliars. Adjust the rate at which corporations are taxed to see if you can get the current projected number (in red below) above the targeted 325 bailion dollar mark. Be careful how you make your adjustments - you'll have to justify them later. Federal Corporate Tax and Projected Revenue Corporate Taxes used to be progressive (ike Personal income 7axes), but it 2018 the federal government moved to a proportional all C-corp income. How would you have approached this task differently if Corporate Twexes were still progressive in nature? ient: Funding the Public Sector Question: Explain your thought process for the changes you made to the personal income tax brackets? What economic factors did you consider? Question: Personal income Taxes are progressive. What does this mean? Question: How would you have approached this task ditferently if Personal income Taxes were proportional or regressive in nature? Corporate Tax There is also a projected short fall in Corporate Tax revenue, which typically generates about 325 billion doliars. This year, you're looking al a diop of close to 25 billion doliars. Adjust the rate at which corporations are taxed to see if you can get the current projected number (in red below) above the targeted 325 bailion dollar mark. Be careful how you make your adjustments - you'll have to justify them later. Federal Corporate Tax and Projected Revenue Corporate Taxes used to be progressive (ike Personal income 7axes), but it 2018 the federal government moved to a proportional all C-corp income. How would you have approached this task differently if Corporate Twexes were still progressive in nature