If Congress wants to stimulate the economy, explain how it might alter each of the following: (a) personal and corporate tax rates, (b) depreciation expense schedules, and (c) the differential between...

If Congress wants to stimulate the economy, explain
how it might alter each of the following: (a) personal
and corporate tax rates, (b) depreciation expense
schedules, and (c) the differential between the tax
rate on personal income and long-term capital
gains. How would these changes affect corporate
profitability and free cash flow? How would they
affect investors’ choices regarding which securities to hold in their portfolios? Might any of these
actions affect the general level of interest rates?