Tax Beaks for Corporations and the Very Wealthy Are Due

question 12

Multiple Choice

Tax beaks for corporations and the very wealthy are due to

• A) slow depreciation on values of buildings and equipment
• B) high taxes on capital gains
• C) multinationals paying large taxes
• D) substantial subsidies of major industries
• E) none of the above

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Definitions:

Utility Level

A measure of the satisfaction or happiness that goods and services provide to a consumer.

Cash

Money in the form of coins and banknotes, as opposed to checks, credit, or other forms of digital or electronic payment.

Sweater

A knitted garment typically made of wool, cotton, or synthetic yarn, worn over the upper body to keep warm.

Significant Other

A person with whom someone has an established romantic or sexual relationship or a close and important relationship.