Question
President Trump's Tax Cuts and Jobs Act became effective in2018. This legislation cut the top corporate tax rate from 35% to21%. What is the likely
President Trump's Tax Cuts and Jobs Act became effective in2018. This legislation cut the top corporate tax rate from 35% to21%. What is the likely impact on corporate capital structure? Willfirms finance with less debt, more debt, or the same amount goingforwards?
A.) More debt
B.) Less debt
C.) Same amount of debt
D.) Not possible to determine. We will have to wait and see
President Trump's Tax Cuts and Jobs Act became effective in2018. This legislation cut the top corporate tax rate from 35% to21%. What is the likely impact on corporate capital structure? Willfirms finance with less debt, more debt, or the same amount goingforwards?
A.) More debt
B.) Less debt
C.) Same amount of debt
D.) Not possible to determine. We will have to wait and see
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International Economics
Authors: Robert Carbaugh
18th Edition
0357518918, 978-0357518915
