What potential impacts on corporate behavior can be anticipated from a significant reduction in corporate income tax rates?

Describe in detail how taxes impact consumer and producer surplus. In your discussion, also show graphically, the before and after-tax impact.   Why must local governments pay attention to the types of products they tax. Describe in detail how the elasticity of these products impacts the expected revenue to be generated by these local Governments   Trade makes both consumers and producers better off. Explain this in detail with all appropriate graphs.   How has your study of Economics so far provided insight to the business world around you?   Explain why trade increases total surplus. In your analysis, show how this true from both importing and exporting goods and services. Please be thorough.   How does the elasticity of a product impact Corporate Revenue? Why is it important for companies to understand this concept?   What are Externalities? What some strategies the Government may use to address both positive and negative externalities   What are Public Goods and…

Which of the following is a significant revenue source for state and local governments, but not the federal government in the United States? a-payroll taxes b-income taxes c-corporate taxes d-property taxes

Should a per unit tax become more efficient or less efficient as we consider longer time horizons? Why?