Which of the Following Statements Is NOT True About Corporate

Which of the following statements is NOT true about corporate income tax rates and economic activity?

A) The income tax is the primary sources of revenues for national governments around the world.
B) Before the Great Depression,state and local government expenditures in the U.S.were much lower than federal expenditures.
C) When state corporate income tax rates are added to federal rates,Japan has the highest combined corporate income tax rate among OECD countries.
D) The great majority of U.S.government expenditures are on nondefense items such as health,economic support,and education.
E) From 2005-2008,the average gross savings rate of OECD countries increased.