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Clearly individuals are carrying a much heavier tax burden

The following questions pertain to a tax class. Answers should be short, but to the point.

1. Clearly, individuals are carrying a much heavier tax burden than corporations. Is this justified?

2. Some economists have argued that corporate taxes should be eliminated and only individuals should be taxed. Explain.

3. Discuss excise tax when used as a measure for social control.

4. Why is the value-added tax considered regressive?

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Accounting Basics: Clearly individuals are carrying a much heavier tax burden

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