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President Biden proposed increasing the corporate tax rate from 21% to 28%. However, thisreform has been hard to pass in the Senate. Imagine he asks
President Biden proposed increasing the corporate tax rate from 21% to 28%. However, thisreform has been hard to pass in the Senate.
Imagine he asks you to predict revenue changes as a result of a lower increase in the corporate tax (from 21% to 24%).What kind of basic information would you need to make such predictions?
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