Question

The CEO of a large corporation is against a raise of corporate taxes that would cut into his profits. He is most likely to argue which of the following to support his position? Select one: A. With higher corporate taxes, profit margins will increase B. With lower taxes, government regulators will not have the funding to monitor his company C. With lower taxes, his business will be able to grow and hire more people, helping the economy D. With lower taxes, his business will be able to pay employees a higher salary

Answer 1

C

Step-by-step explanation:

Answer 2

C. With lower taxes, his business will be able to grow and hire more people, helping the economy

Step-by-step explanation:

Since, the purpose of taxes is to help the government to raise capital to finance the economy, and make the nation to keep functioning.

Hence, the CEO of a large corporation who is against a raise of corporate taxes that would cut into his profits, will argue that with lower taxes, his business will be able to grow and hire more people, helping the economy, which in turn, will raise the level of taxes, as more employed people will equate to more taxes.