Question

Many economists believe that

a. the corporate income tax does not distort the incentives of customers.
b. the corporate income tax satisfies the goal of horizontal equity.
c. workers and customers bear much of the burden of the corporate income tax.
d. the corporate income tax is more efficient than the personal income tax.

Answer 1

Many economists believes that WORKERS AND CUSTOMERS BEAR MUCH OF THE BURDEN OF THE COOPERATE INCOME TAX.
Cooperate income tax refers to a direct tax which is imposed by a government on the income or capital of business organisation. Business organisations usually transfer much of this tax burden to their consumers and employers.