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7. A progressive financing scheme will never violate horizontal equity. 8. The negative welfare effects of an income tax in the market for casual and
7. A progressive financing scheme will never violate horizontal equity.
8. The negative welfare effects of an income tax in the market for casual and part-time workers is likely less than in the market for full-time workers.
9. Other things equal, the welfare loss associated with raising money through taxation is smaller the more inelastic is the demand for the good that is taxed.
10. A system of universal public finance is in every way superior to a system of private insurance
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