Business, 27.11.2019 07:31 gracelong4326
Consider a society consisting of two people. charles earns an income of $85,000 per year and dina earns an income of $25,000 per year. the government is considering a redistribution plan that would impose a 25% tax on charles's income and give the revenue to dina. without any incentive distortion, charles would retain $63,750 and dina would end up with $46,250. however, let us assume that
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Consider a society consisting of two people. charles earns an income of $85,000 per year and dina ea...
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