The economy-wide impacts of your chosen tax rate

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Reference no: EM131266798

Assume that you are a full-time worker earning $10 per hour, $80 per day, $400 per week, $20,000 per year. Would you quit their job if the tax rate was 20%? What about 30%? 50%? What do you think is the best tax rate? What are the economy-wide impacts of your chosen tax rate?

Reference no: EM131266798

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