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" "A second justification for corporate taxation is that the corporation receives a number of special privileges from society, the most important of which is limited liability of the stockholders. The corporation tax can be viewed as a user fee for this benefit.
Harvey S. Rosen (born 29 March 1949, Chicago) is the John L. Weinberg Professor of Economics and Business Policy at Princeton University. His research focuses on public finance. He attended the University of Michigan for his undergraduate studies and Harvard University for graduate studies.
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