Apply the labor market framework to your analysis

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Leading up to the 2010 midterm elections, there was lively debate on whether the Bush tax cuts, enacted in 2003, should be allowed to expire for families with annual incomes over $250,000. What would be the impact of allowing income taxes on these families to rise on their income and the number of labor participants? Apply the labor market framework to your analysis

Reference no: EM131009657

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