Taxes tend to alter citizen behavior. Which of the following is an example of the deadweight loss
Question:
Select one or more:
a. Taxes on interest income discourage savings.
b. Taxes on labor income discourage individuals from working more.
c. Higher sales taxes in the city of Manxi cause some citizens of Manxi to buy goods in the nearby town of Baobixi.
d. All of the above are examples of a deadweight loss of the tax system.
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Related Book For
Ethics Theory and Contemporary Issues
ISBN: 978-1285196756
8th edition
Authors: Barbara MacKinnon, Andrew Fiala
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