Facing a shortfall in funding for Social Security and Medicare, Senator Sands argues that the United States should raise the top marginal corporate tax rate back to 35%. Senator Mehta argues that it would be better to raise the revenue by increasing the tax rate on the top individual tax bracket. Which proposal do you think will increase the overall progressivity of the tax system?

The icon indicates a question that requires students to apply the empirical economics principles and the Empirical Evidence boxes.