Problem
Many firms have employees, plants, and sales in more than one state. In imposing state corporation income taxes, states use a rule for allocating a fraction of a firm's total profits to their state. Does it make a difference what rule is used? Discuss the consequences of alternative rules.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.