Assignment: Write a short paper that addresses the three prompts below. Submit in a Word document on Canvas.
oExamine Figures 2 and 3 along with the related narrative. Describe how the number of corporations and flow-through entities has changed over the past 20-30 years. What are some of the factors that might have triggered these changes?
oLook at Table 9. In what industries are businesses most commonly formed as corporations? Partnerships? S corporations?
America’s Shrinking Corporate Sector
Ending the Pass-Through Tax Loophole for Big Business
oHow do you react to the two perspectives? What do you like and what do you dislike?
oIn what situations do you think the arguments presented in “America’s Shrinking Corporate Sector” have merit?
In what situations do you think the arguments presented in “Ending the Pass-Through Tax Loophole for Big Business” have merit?
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