Question

Most states use a corporate income tax, which makes corporations pay income tax just as individuals do. Some states keep their corporate income tax rates lower than other states to attract many businesses. If this strategy works, how might lowering corporate income tax impact state revenue?
Corporate income tax would become a small source of revenue.
The state would have to collect more income tax from individuals.
Attracting more businesses might raise corporate tax revenue.
Lowering corporate taxes reduces city revenue and services.

Answer 1

@confluxepic

Answer 2

plz help

Answer 3

@EclipsedStar

Answer 4

http://www.cbpp.org/cms/?fa=view&id=3290
@smart8thgrader

Answer 5

i think it is B OR D

Answer 6

ok what do you think the answer is

Answer 7

@confluxepic

Answer 8

are you there?

Answer 9

Yeah.

Answer 10

C

Answer 11

I am not sure between C and D. It could be any one of those.

Answer 12

Go with what you think is right.