Does the evidence support that view

Reference no: EM131403145

A number of conservative politicians and economists advocate replacing the progressive income tax with a "flat tax" that would apply the same, low tax rate to all income above a certain exempt amount. One argument against making this change is that the distribution of income has grown much more unequal since the 1970s. Does the evidence support that view? Is it a decisive argument against a flat tax? How is the trade-off between equality and efficiency involved here?

Reference no: EM131403145

Questions Cloud

Do real stock prices always rise every decade : The Consumer Price Index for each year (on a base of 1982-1984 5 100) can be found on the inside back cover of this book. Use these numbers to deflate all five stock market values. Do real stock prices always rise every decade?

Calculus-based physics question : Please explain how the calculus concept of DERIVATIVES is applicable to physics--how do these two concepts connect mathematically? For example, I understand the formal definition for finding the derivative, but I do not know how to find "displacem..

Why is it so difficult to define full employment : "Unemployment is no longer a social problem because unemployed workers receive unemployment benefits and other benefits that make up for most of their lost wages." Comment.

First stage from the rising rocket : If the first stage hits the ocean surface 21.22 seconds after blast off, how high was it when it was jettisoned? Because of the explosion used to separate the first stage from the rising rocket, assume that the initial velocity of the first stage..

Does the evidence support that view : Does the evidence support that view? Is it a decisive argument against a flat tax? How is the trade-off between equality and efficiency involved here?

Characteristic of the target market : Develop at least one question for each characteristic of the target market (demographic, geographic, psychographic, and behavioral) that will be important for you as you determine the marketing strategy for this new product.

Give the null hypothesis for testing overall model adequacy : Write the least squares prediction equation for y.- Give the null hypothesis for testing overall model adequacy.- Conduct the test, part b, at α = .01 and give the appropriate conclusion.

Discuss the importance of maintaining a steady blood glucose : Affective: understanding the importance of maintaining a steady blood glucose. Affective learning is often the hardest to measure or evaluate

Adopts an unethical persuasion strategy : What can someone do when an employer adopts an unethical persuasion strategy that will involves the person in creating, implementing, or participating in it? (Hint: Think about the persuasive strategies you have studied.)

User Account

All Pages