Not Just Balancing Budget Knowing that the price-distorting tax would be less efficient than lump-sum taxes, we

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Not Just Balancing Budget

Knowing that the price-distorting tax would be less efficient than lump-sum taxes, we still use such taxes in many situations.

What would be some justifications in the case of income tax? List and explain at least two.

Related Book For answer-question

Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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Posted Date: Apr 16, 2024 04:07 AM

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Not Just Balancing Budget Knowing that the price-distorting tax would be less efficient than lump-sum taxes, we

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When considering the use of income taxes there are several justifications that can be made despite t... View the full answer

Income Tax Fundamentals 2013

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