The vigorous pursuit by a society of tax policies that tend to equalize wages across skill groups
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“The vigorous pursuit by a society of tax policies that tend to equalize wages across skill groups will frustrate the goal of optimum resource allocation.”
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The statement is arguing that when a society aggressively implements tax policies to equalize wages across different skill groups it might disrupt the ...View the full answer
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Related Book For
Modern Labor Economics Theory And Public Policy
ISBN: 9780132540643
11th Edition
Authors: Ronald Ehrenberg, Robert Smith
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