(d) Suppose the government is deciding whether to tax labor or capital income to raise revenue for an infrastructure project. The government will to choose the tax that minimizes deadweight loss to the individual. would the government need to set to raise the same revenue as a What capital tax 7 labor income tax 77 (Hint: Write the capital tax as a function of 7, 8,7, and Y.) Using the formulas for deadweight loss from the previous two parts, will this revenue equivalent capital income tax produce more or less deadweight loss than the labor income tax? (Hint: Remember the sales tax intuition broaden the base and lower the rate.)