You have been hired as an economic advisor for a politician running for national office. The politician, at a recent campaign event, said that corporations are paying too much in taxes and are funding most of the federal government's operations. When you speak to the politician after the event, what would you say?

Question

Moody

Social Studies

26 July, 15:10

You have been hired as an economic advisor for a politician running for national office. The politician, at a recent campaign event, said that corporations are paying too much in taxes and are funding most of the federal government's operations. When you speak to the politician after the event, what would you say?

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Booker · Answer 1

Answer: We have a great deal of work to do. On the news tonight I predict there will be an expert correcting you and questioning why anyone would vote for you. Individuals, through income tax and social insurance taxes, provide the bulk of government revenue.

Explanation: I will advise the politician that a larger percentage of the revenue generated in the state is generated through taxes. Although some corporation might be paying a little bit too much, but it is necessary for corporations to pay taxes to run the government.

I'd advise to retract his statement in a skillful manner by saying what he meant was that taxes will be reduced.