The CEO of a large corporation is against a raise of corporate taxes that would cut into his profits. He is most likely to argue which of the following to support his position?
Select one:
A. With lower taxes, his business will be able to grow and hire more people, helping the economy
B. With lower taxes, his business will be able to pay employees a higher salary
C. With lower taxes, government regulators will not have the funding to monitor his company
D. With higher corporate taxes, profit margins will increase
Answers
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Answer:
The correct answer is (a).
With lower taxes, his business will be able to grow and hire more people, helping the economy
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