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Assumption: Each citizen should contribute according to their means; the wealthy should pay more than they get; and the poor should get more than they
- Assumption: Each citizen should contribute according to their means; the wealthy should pay more than they get; and the poor should get more than they pay
- Assumption: Higher tax rates will allow greater investment in human and physical capital without driving up the national debt
- Assumption: Standards of living may decline for the wealthy considerably, and will increase for the poor slightly
- Economic Status: This is a lower middle-class, manufacturing worker who works an hourly union job at a large business
What would this person most likely see as the problem the US faces with the current tax rates?
The wealthy don’t pay enough | ||
The poor pay too much | ||
The wealthy pay too much | ||
The poor don’t pay enough |
What is most likely a social objective the US should achieve through changes in tax rates?
Greater individual freedom | ||
A more fair distribution of wealth | ||
Greater levels of economic growth |
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