Suppose the corporate income tax were eliminated and the rev

Assignment Help Finance Suppose the corporate income tax were eliminated and the rev

Finance

Suppose the corporate income tax were eliminated and the rev

Suppose the corporate income tax were eliminated and the revenue lost was made up by increasing the… Show more Suppose the corporate income tax were eliminated and the revenue lost was made up by increasing the payroll tax rate on labor earnings. What would be the impact on labor and capital markets of such a shift in tax policy? What is the likely differential incidence of substituting a payroll tax for an equal-yield corporate income tax? • Show less

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