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Describe why many economists argue that an income tax

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Explain why many economists argue that an income tax penalizes savers but a consumption tax would not. In what sense can consumption be regarded as a better index of the ability to pay taxes than income?

Reference no: EM13391522

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Describe why many economists argue that an income tax : explain why many economists argue that an income tax penalizes savers but a consumption tax would not. in what sense
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