The personal income tax rate in Spain stands at 45 percent as of 2018. The tax rate
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The personal income tax rate in Spain stands at 45 percent as of 2018. The tax rate averaged a 47.92 percent from 1995 until 2018, reaching an all-time high of 56 percent in 1996 and a record low of 43 percent in 2007. How does this change in the tax rate, which in turn affects the net wages of individuals, affect the labor supply in Spain?
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Related Book For
Principles Of Macroeconomics
ISBN: 9781292303826
13th Global Edition
Authors: Karl E. Case,Ray C. Fair , Sharon E. Oster
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