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The Filings of Corporate Tax Returns Reveal That Most Corporations

Question 30

Multiple Choice

The filings of corporate tax returns reveal that most corporations:


A) are in the 34, 35, or 38 percent marginal tax bracket
B) paid no corporation income taxes
C) paid a 65 percent corporate tax
D) are seeking bankruptcy protection to avoid paying taxes
E) don't know how to file their federal income taxes

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