Why would you expect that the higher ones tax rate the larger the behavioral response to a

Question:

Why would you expect that the higher one’s tax rate the larger the behavioral response to a tax rate reduction? Why might across-the-board tax rate reductions increase tax revenues from high tax bracket earners, but reduce tax revenues from low tax bracket earners?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Exploring Economics

ISBN: 9781544336329

8th Edition

Authors: Robert L. Sexton

Question Posted: