A High Tax Bracket Individual Can Enhance the Avoidance of Income

question 41

True/False

A high tax bracket individual can enhance the avoidance of income taxes through a C corporation by having the corporation retain its after tax earnings rather than paying them out as a dividend.

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Definitions:

Gallup Poll

A statistical survey that measures public opinion, conducted by the Gallup Organization.

News Media

Organizations and platforms that gather, produce, and distribute news to the public, including newspapers, television, radio, and the internet.

Corporate-Leaning

Describes policies, practices, or attitudes that favor the interests of corporations or are biased towards business perspectives.

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The various forms of communication and information that are broadcasted or published through different media outlets including news, entertainment, and advertising.