b. Would a progressive tax with a rate of 5 percent on an income of $0$40,000, a

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b. Would a progressive tax with a rate of 5 percent on an income of $0–$40,000, a rate of 8 percent on everything over $40,000 and under $100,000, and a rate of 15 percent of everything over $100,000 raise more or less tax revenue than a proportional tax rate of 10 percent?

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Economics

ISBN: 9780324595420

9th Edition

Authors: Roger A. Arnold

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