Over time, the percentage of government revenues that come from corporate taxes have generally done which of the following?
A)Decreased significantly
B)Decreased slightly
C)Stayed roughly the same
D)Increased slightly
E)Increased significantly

Question

Quizplus · Accepted Answer

Over time, the percentage of government revenues coming from corporate taxes has generally decreased significantly. This trend is observed in many countries, partly due to globalization, tax competition, and changes in tax policies favoring lower corporate tax rates to attract business investments.

Over Time, the Percentage of Government Revenues That Come from Corporate