How are capitalists most likely to view taxes?
A)They will endorse higher taxes if used for stronger social programs.
B)They will endorse taxes that harm international competitors.
C)They will oppose lower taxes as bad for business.
D)They will oppose higher taxes on general principle.
E)They tend to have no preference either way about taxes .

Question

Quizplus · Accepted Answer

Capitalists typically oppose higher taxes because they reduce profits and the incentive for investment. Higher taxes can lead to less capital available for business expansion and innovation, which is why many capitalists generally prefer lower taxes to encourage economic growth and investment opportunities.

How Are Capitalists Most Likely to View Taxes