8. Studies of tax incidence suggest that both the very poor and very rich pay a greater...

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8. Studies of tax incidence suggest that both the very poor and very rich pay a greater percentage of their income in taxes. The bulk of a11 tax revenues comes from taxpayers with incomes in the range of $5000 to $50,000, where tax rates are approximately proportional.

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Macroeconomics Private And Public Choice

ISBN: 9780123110701

2nd Edition

Authors: James D Gwartney; Richard Stroup; A H Studenmund

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