Question: Why might one person work more, earn more, and pay more income tax when his or her tax rate is cut, while another person will
Why might one person work more, earn more, and pay more income tax when his or her tax rate is cut, while another person will work less, earn less, and pay less income tax under the same circumstance?
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Proponents of supplyside economics argue that cuts in the marginal tax rate on earned inco... View full answer
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