Which of the following are counterarguments to the viewpoint that taxes are social tools by which we can achieve a more equal society?
a. Redistribution of income through government is unfair coercion of those with higher incomes.
b. Inequality is frequently the result of higher productivity and thus is just.
c. Equality of income occurs naturally over the life cycle so redistribution at one point in time disrupts this natural process.
d. a and b
e. a and c
d
Economics
You might also like to view...
If the exchange rate is 80 yen per dollar, then a hotel room in Tokyo that costs 25,000 yen costs $200
a. True b. False Indicate whether the statement is true or false
Economics
Which of the following causes a movement along a supply curve?
A. a change in technology B. a change in resource costs C. a change in the price D. all of these
Economics