• Assumption: Each citizen should contribute according to their means; the wealthy should pay more than they get; and the poor should get more than they pay
• Assumption: Higher tax rates will allow greater investment in human and physical capital without driving up the national debt
• Assumption: Standards of living may decline for the wealthy considerably, and will increase for the poor slightly
• Economic Status: This is a lower middle-class, manufacturing worker who works an hourly union job at a large business

What would this person most likely see as the problem the US faces with the current tax rates?

The wealthy don’t pay enough
		The poor pay too much
		The wealthy pay too much
		The poor don’t pay enough

What is most likely a social objective the US should achieve through changes in tax rates?

		Greater individual freedom
		A more fair distribution of wealth
		Greater levels of economic growth

Answer rating: 100% (QA)

Given the assumptions provided and the economic status described the lower middleclass manu... View the full answer