The limit on the amount of wage income

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Reference no: EM13877302

If the government raised the limit on the amount of wage income that is subject to the F.I.C.A. tax, this would:

A. Move the Lorenz curve further from the line of income equality 

B. Have no effect on the Lorenz curve 

C. Raise the tax burden on all wage earners

D. None of the above 

Reference no: EM13877302

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