Which group would be most in favor of the switch

Reference no: EM133613877

Problem: Scenario: The government is proposing switching from a progressive tax system in which families pay 15% of the first $50,000 earned, 25% of the next $50,000 earned, and 35% of any income over $100,000 to a tax system in which every family pays 20% of their income minus $20,000. Which group would be most in favor of the switch from the current progressive tax policy to the new policy?

Reference no: EM133613877

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