ECO 450 week 9 DQ 1

Corporate Income Tax" Please respond to the following:

 •Analyze the short-run and long-run impact of taxation on output, income, and the allocation of resources. Speculate the most problematic area of the taxation and suggest strategy to improve it.

 •Explain the concept of tax incidence. Analyze how tax incidence affects economic activity. Provide an example to support your answer.
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