Why are start-up corporations disadvantaged by us tax code

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Reference no: EM131705082

Questions: 1. What is the main reason start up corporations face a progressive corporate tax rate schedule? (A progressive tax rate schedule is also known as a convex tax rate schedule).

2. Why are start-up corporations disadvantaged by the U.S. tax code?

3. Why might a corporation's marginal explicit tax rate not equal the top corporate statutory tax rate?

Reference no: EM131705082

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