Explain how much leisure they consume

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Q. Explain how do payroll taxes levied on earnings of workers affect their decisions about Explain how much leisure they consume?

When government taxes younger people to pay benefits to older people, explain how does this affect amount of assistance that younger people might voluntarily choose to offer older people?

When government taxes younger people to pay benefits to older people, explain how does this affect size of bequests that older people are likely to leave to their children or grand children when y die?

In general, people who have more productive earn higher incomes and thus pay higher taxes. Explain how would a change in immigration laws that favoured more highly educated and skilled individuals affect future tax burden of today's American college students? Would admission of better-educated immigrants tend to raise or lower wages of American college graduates? On balance, would an overhaul of immigration system benefit or harm today's college students?

Reference no: EM1371053

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