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In USA, corporate taxation contributed about a dime on a dollar the U . S . Treasury raised in recent 2 decades. Two major corporate
In USA, corporate taxation contributed about a dime on a dollar the US Treasury raised in recent
decades. Two major corporate tax reform acts took place in under President Reagan, and in Dec
under President Trump. The tax code resulted in multiple tax brackets for firms whose
taxable income is below $ while the tax code resulted in a flat corporate tax rate
regardless of taxable income level.
To do:
Go to reliable sources, such as The US Treasury, and fill out the following table.
Note: the four percent numbers in each column must sum to
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