If you believed that those who were more productive in earning income also had a higher marginal
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If you believed that those who were more productive in earning income also had a higher marginal utility of income (they were more efficient in consumption), what would that imply for the design of tax structures? Discuss the reasonableness of alternative assumptions.
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If you believe that individuals who are more productive in earning income also have a higher marginal utility of income it implies that they derive mo...View the full answer
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Somshukla Chakraborty
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Related Book For 
Economics Of The Public Sector
ISBN: 9780393925227
4th Edition
Authors: Joseph E. Stiglitz, Jay K. Rosengard
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