Opponents argue that taxes on the transfer of wealth will reduce work effort, reduce saving, and reduce
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Opponents argue that taxes on the transfer of wealth will reduce work effort, reduce saving, and reduce the willingness to make risky investments. Whether or not you agree with this assessment, explain why many people, supported by economic theory, think it may not be true.
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Both the donor and recipient need to be considered Wealth transfer taxes increase the ...View the full answer
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Related Book For 
Public Finance In Canada
ISBN: 9781259030772
5th Canadian Edition
Authors: Harvey S. Rosen, Ted Gayer, Jean-Francois Wen, Tracy Snoddon
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