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  • 19-08-2020
  • Social Studies
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6. Who pays corporate taxes?

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  • 19-08-2020

Answer:

When the government levies a tax on a corporation, the corporation is more like a tax collector than a taxpayer. The burden of the tax ultimately falls on people—the owners, customers, or workers of the corporation. Many economists believe that workers and customers bear much of the burden of the corporate income tax.

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