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Discuss the mechanics of a payroll tax in the labor market. Discuss tax incidence (e.g., the taxburden division). Can the law makers dictate the distribution
Discuss the mechanics of a payroll tax in the labor market. Discuss tax incidence (e.g., the taxburden division). Can the law makers dictate the distribution of payroll tax burden so easily?Explain with words, computations and graphs. On the graph and computations, show and illustrate with numerical example (e.g., give sample numbers to prices, quantities)
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