Wealth tax-on building-machinery and equipment

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In 2012, a group in Germany proposed a “wealth tax” -- on building, machinery and equipment—that would be levied on all employers having at least $1.4 million invested in such assets. Use the labor market theory learned in this chapter to analyze the labor-market effects on employees in large German firms, and explain under what conditions German workers would be worse off.

Reference no: EM13859423

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