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The Alternative Minimum Tax (AMT) on US corporations implemented in 1986 tended to hit companies during recessions and after large capital investments, disincentivizing investment in plant and equipment. It was repealed as part of the 2017 TCJA due to these harmful effects and because it was costly for both taxpayers and the IRS to calculate and it raised little revenue.

A tax on the purchase and sale of equity securities is called a financial transactions tax.

Windfall profits taxes are justified on the theory that if a business has already made an investment and is enjoying a greater return on the investment than originally expected, taxing the excess return will not have much impact on economic growth in the short term.

With respect to windfall profits taxes, which of the following are correct:

The US Federal government (lawmakers) have created more than 200 tax deductions and credits that benefit either individual and/or corporate taxpayers.

Exempting industries or products from taxation can lead to market distortions and benefit wealthy and poor consumers alike. 

“Wealth” is not cash, especially if it is in the form of corporate stock that can rise and fall with the market. 

Spanish Essay Write a composition about yourself, your family, and your city. Answer in SPANISH.  Minimum of 20 sentences.  Include the following information: 1.  Yourself: Name Where you are from Age Description of yourself Include things you like and/or like to do. 2.  Your classes: How many? What classes? What do you need for your classes? Who are your professors, describe your professors? Times and days of classes? What classes do you like/dislike? 3.  Your family: Talk about some members of your family. Who are they? Names? Where do they live? Where are they from? Describe them and their personalities. Their likes/dislikes. 4. Your city: What do you do in your city such as activities and/or hobbies? Talk about your plans for the summer. What are you (you and your family/friends) going to do? (use the verb ‘ir’ + a + infinitive)  What do you want to do? (use the verb ‘querer’ + infinitive) What do you prefer to do or where do you prefer to go? (use the verb ‘preferir’ + infinitive)    

Named ____ hold values that do not change during a program’s execution.

The ____ loop is particularly useful when processing arrays.