Solution-Self-employment and business income

Self-employment and business income

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Reference no: EM132270365

Read the following sentences from the media. Which one(s) of the statements is/are normative?

1. "Last month, Amtrak unveiled an ambitious $151 billion proposal to speed up trains and upgrade bridges and tracks."

2. "By 2020, 70 million Americans are expected to be on Social Security, up from 45 million in 2000."

3. "America's rich should indeed pay more tax; but marginal rates should not go up."

4. "The richest 1% earn roughly half their income from wages and salaries, a quarter from self-employment and business income, and the remainder from interest, dividends, capital gains and rent."

Reference no: EM132270365

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Self-employment and business income

Reference no: EM132270365

Reference no: EM132270365

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