Read the article linked below and answer the questions that follow.
What is pass-through income, and why is it important?
1. According to the article, what was the rationale for lowering corporate tax rates?
2. What is "pass through" income?
3. What types of business entities enjoy pass-through income status?
4. What percent of businesses in the US are impacted by the cut in the corporate tax rate?
Financial Literacy Class
Read the article linked below and answer the questions that follow.
60 Minutes to Better Budgeting in 2018
1. What percentage of Americans use a budget?
2. In a monthly budget, how should one handle expenses that only take place once per year? Why?
3. Do you see anything wrong with the articles advice? If so, what?
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