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OCR: that has nesses alike. IN expense for both in As seen in Fig. 25.5, individu amount of income tax. However, N also a very important source of government. In fact, when one reul B of companies that pay income tax ver Q D of individuals who do, it becomes e V corporations are carrying a very large S federal tax burden. As we noted in Ch C porations pay a tax rate of 17 percent A $25,000, 22 percent on the next $25,00 x income, and 48 percent on everything th the case of giant corporations such as GM Z GE, this adds up to an effective tax rate o 50 percent-almost half of the total earning timillion dollar corporations are paid to the ment Other important revenue taxes are the sa the estate and inheritance tax, and the proper Ctrl Business 5/12 e gout progra- Regulate certain bu 1 Regulatory Tapes 2 Revenue Tales Rate remains the Dance Proportional Taxes Good sales Tax Regressive Tapes