Solution-Does unitary taxation distort assignment of

Does unitary taxation distort assignment of taxable income

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Problem - State A enjoys a prosperous economy, with high real estate values and compensation levels. State B's economy has seen better days-property values are depressed, and unemployment is higher than in other states. Most consumer goods are priced at about 10% less in B than in A. Both A and B apply unitary income taxation to businesses that operate within the state. Does unitary taxation distort the assignment of taxable income between A and B? Explain.

Reference no: EM132630655

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Does unitary taxation distort assignment of taxable income

Reference no: EM132630655

Reference no: EM132630655

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