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Many governments tax wages (also called income tax, or taxing your paycheck) to raise money. Economists have watched what this does to the willingness of
Many governments tax wages (also called income tax, or taxing your paycheck) to raise money. Economists have watched what this does to the willingness of people to work more. What have the economists observed? Group of answer choices Taxing wages makes work more valuable to people because they know how much it helps the government, so people tend to work more Taxing wages makes work more valuable to people because they know how much it helps the government, but people tend to work less anyway Taxing wages makes work less valuable to people, so people tend to work more and do other things less Taxing wages makes work less valuable to people, so people tend to work less and do other things more Taxing wages makes work less valuable to people, but this has no effect on how much work they do
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