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Based on the distribution of personal income

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Reference no: EM131999969

What is the best tax policy?

Imagine that you are the economic advisor to a political candidate who is trying to decide about tax policy. She asks you to prepare one paragraph position paper on each of the following:

  1. Based on the distribution of personal income (See Table 2.4 in your textbook), should U.S. taxes be adjusted to be:
  2. More progressive?
  3. More regressive?
  4. Keep the distribution the same?

2. Which U.S. taxes should be adjusted to achieve the outcome you describe in question one?

Reference no: EM131999969

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