Many states have cut corporate income tax rates or granted generous exemptions as a way to try to attract businesses to their state.

Name: Many states have cut corporate income tax rates or granted generous exemptions as a way to try to attract businesses to their state.
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Quizplus · Accepted Answer

This statement is true. Many states have implemented tax incentives and exemptions in order to appeal to businesses and encourage economic growth in their state.

Many States Have Cut Corporate Income Tax Rates or Granted