5.9 Taxes during the fourteenth century were very progressive. The 1377 poll tax on the Duke of...
Question:
5.9 Taxes during the fourteenth century were very progressive.
The 1377 poll tax on the Duke of Lancaster was 520 times the tax on a peasant. A poll tax is a lump-sum (fixed amount) tax per person, which does not vary with the number of hours a person works or how much that person earns. Use a graph to show the effect of a poll tax on the labor-leisure decision. Does knowing that the tax was progressive tell us whether a nobleman or a peasant—assuming they have identical tastes—
worked more hours?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Question Posted: