How do taxes influence people behavior

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Question: 1. Competition is a necessary component to properly functioning markets. What happens when markets lack competition? Is this a reason for government involvement? For example, should the government have sought to break up the Microsoft Corporation?

Question: 2. How do taxes influence people's behavior? In your answer, be sure to discuss such concepts as tax rate, tax base, and tax revenue.

 

Reference no: EM133380674

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