The fact that unsheltered saving is taxed under our current tax system creates a double tax on saving because _____

a. saving occurs out of after-tax income
b. of IRAs
c. investments earns such high rates of return
d. consumption should be equalized with saving

a

Economics

You might also like to view...

The Dow reached a peak of over 11,000 before the collapse of the ________ bubble in 2000

A) housing B) manufacturing C) high-tech D) banking

Economics

In a finitely repeated prisoners' dilemma game

A) firms will only cooperate if they each adopt a tit-for-tat strategy. B) firms cooperate and achieve the collusive Nash equilibrium for all rounds. C) firms cooperate for most of the rounds, but switch to the non-cooperative outcome in the final couple of rounds. D) firms do not cooperate and the static game Nash equilibrium is the outcome for each round.

Economics