Labels:text | office supplies | office equipment | handwriting | office instrument | computer keyboard | book | space bar | pen | notebook | stationery | input device | keyboard OCR: Q F D N nesses alike. or expense for both in B that has S V As seen in Fig. 25.5, individua A amount of income tax. However, C also a very important source of ck X government. In fact, when one reali of companies that pay income tax ver Z of individuals who do, it becomes ev corporations are carrying a very large federal tax burden. As we noted in Ch porations pay a tax rate of 17 percent Shift $25,000, 22 percent on the next $25,000 Alt income, and 48 percent on everything the the case of giant corporations such as GM, GE, this adds up to an effective tax rate o Ctrl 50 percent-almost half of the total earnings timillion-dollar corporations are paid to the ment! Other important revenue taxes are the sal the estate and inheritance tax, and the propert 536 Business 5/12 Regulate certain bu 1 Regulatory Taxes Finance govt. progra. 2 Revenue Takes Rate remains the same 3 Proportional Taxes good sales Tax Regressive Taxes
