What was the initial plan for the tax system before it was adjusted?
Brean's Tchir Sees More Simplistic Approach to Taxes

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Business, Social Studies
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A progressive tax system
A flat tax system
A territorial tax system
A regressive tax system
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the proposed tax rate mentioned in the discussion?
25%
20%
15%
30%
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a concern for companies with low effective tax rates?
They could lose market share
Their tax rates could rise
They might face increased competition
They might have to relocate
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a common misconception about repatriated funds?
They will be used to pay off debt
They will be invested in new projects
They will be used for mergers
They will be distributed to shareholders
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How have companies with significant offshore funds been managing their finances?
By investing in new technologies
By borrowing money
By cutting costs
By increasing their workforce
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