In an economy, if the government implements a law for individuals that requires them to save at least 25% of their annual income in a social savings plan framed by the government. For supporting this plan, the government raises revenues by implementing income tax rates that are higher compared to the other countries. Which of the following will be a result(s) of this scenario? An increase in the deadweight losses. It strengthens the view of consumer sovereignty. An increase in immigration of high-income None of the above.