The theory of optimal commodity taxation argues that tax rates should be set equal across all...
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The theory of optimal commodity taxation argues that tax rates should be set equal across all commodities, in order to maximize efficiency through "tax smoothing" True False Question 4 A pay-as-you-go system means (Choose all that apply) current working citizens pay for current retired citizens. there is no need for taxes since current workers pay for current retirees. retirees are paid from accounts that have accumulated with interest over their working lives. 1 pts The theory of optimal commodity taxation argues that tax rates should be set equal across all commodities, in order to maximize efficiency through "tax smoothing" True False Question 4 A pay-as-you-go system means (Choose all that apply) current working citizens pay for current retired citizens. there is no need for taxes since current workers pay for current retirees. retirees are paid from accounts that have accumulated with interest over their working lives. 1 pts
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