=+tax of 6.2 percent of the wages they pay, and employees must pay 6.2 percent of the
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=+tax of 6.2 percent of the wages they pay, and employees must pay 6.2 percent of the wages they receive.
Suppose the tax were changed so that employers paid the full 12.4 percent and employees paid nothing.
Would employees be better off?
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Related Book For
Microeconomics
ISBN: 9781292081977
8th Global Edition
Authors: Robert S. Pindyck, Daniel L. Rubinfeld
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