"Consider a S corporation. The corporation earns $1.5 per share before taxes. The corporate tax...
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"Consider a S corporation. The corporation earns $1.5 per share before taxes. The corporate tax rate is 35%, the tax rate on dividend income is 20%, and the personal income tax rate is set at 28%. How much is the total effective tax rate on the corporation earnings? Note Express your answers in strictly numerical terms. For example, if the answer is 5%, enter 0.05 as an answer; or if the answer is $500, writ. enter 500 as an
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