The corporate tax table seems dissimilar to individual tax tables in that corporate rates are not always increased as income increases.

Question

The corporate tax table seems dissimilar to individual tax tables in that corporate rates are not always increased as income increases. ​

Quizplus · Accepted Answer

The corporate tax table does not follow a progressive tax rate structure like individual tax tables, where tax rates increase as income levels increase. Instead, corporate tax rates are typically a flat rate and can vary depending on the country or state.

The Corporate Tax Table Seems Dissimilar to Individual Tax Tables