The Corporate Tax Schedule Seems Not to Be Progressive

question 148

Multiple Choice

The corporate tax schedule seems not to be progressive. Which statement is correct?

• A)The idea of progressive taxes refers only to individuals, the corporate schedule is intentionally not progressive.
• B)The corporate schedule is indeed not progressive because the rates do not increase steadily as income increases.
• C)Corporate Taxes are progressive because the more money a corporation makes, the more taxes it pays.
• D)Corporate taxes are conceptually progressive. The ups and downs in the schedule are designed to take away the benefit of low early rates for companies with large incomes.

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