How does tax policy influence, positively and negatively, the operation of a business firm?
Taxation is a cost that all profitable business must address whether directly (C-Corp) or by its owners (S-Corp., Sole Proprietorship, Partnership or Limited Liability Corporation). How does tax policy influence, positively and negatively, the operation of a business firm?
Taxation best answer:
Answer by ideogenetic
This is too complex to answer. It depends on the tax rate, the uses the taxes go to (building infrastructure that leads to the door of the business, property law, market regulation, social welfare, etc).
Taxation
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