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Nesa Posted 12 years ago
Business & Finance
"international vacuum"
Hi,
What is this international vacuum that is caused by business? Is "business" here a sort of supporter?
Business is, in part, to blame for contributing to the institutional vacuum in the first place. In the United States, there is no longer a school system that is adequately supported by the state because businesses, increasingly, fail to pay their share of common taxes. Corporate income taxes in the United States fell from 4.1% of gdp in 1960 to just 1.5% of gdp in 2001.
Regards,
Nesa
What is this international vacuum that is caused by business? Is "business" here a sort of supporter?
Business is, in part, to blame for contributing to the institutional vacuum in the first place. In the United States, there is no longer a school system that is adequately supported by the state because businesses, increasingly, fail to pay their share of common taxes. Corporate income taxes in the United States fell from 4.1% of gdp in 1960 to just 1.5% of gdp in 2001.
Regards,
Nesa
Top answer
Corporate taxes help fund public educational institutions. Falling tax revenues eliminate some educational opportunities.
- Corporate taxes help fund public educational institutions.
- Falling tax revenues eliminate some educational opportunities.
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Corporate taxes help fund public educational institutions. Falling tax revenues eliminate some educational opportunities.
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