Indexing the tax system to take into account the effects of inflation would by itself
a. mean that only real interest earnings are taxed.
b. mean an end to taxing capital gains.
c. mean an increase in average tax rates.
d. All of the above are correct.
a
Economics
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Which of the following is true?
A) MSB = MB + Marginal external benefit. B) MB = Marginal external benefit - MSB. C) MB = Marginal external benefit + MSC. D) MSB = Marginal external cost - marginal external benefit. E) MSB = MB + Marginal external benefit - Marginal external cost.
Economics
The decrease in the incentive to work created by welfare payments programs
A) only affects low income taxpayers. B) only affects taxpayers but not welfare recipients. C) only affects high income executives. D) affects both taxpayers and welfare recipients.
Economics