Principles of Economics, 7th Edition

Published by South-Western College
ISBN 10: 128516587X
ISBN 13: 978-1-28516-587-5

Chapter 36 - Part XIII - Six Debates over Macroeconomic Policy - Quick Check Multiple Choice - Page 816: 6

Answer

d. the current tax code discourages people from saving.

Work Step by Step

The U.S. tax system discourages saving by taxing the return to saving very heavily, and bequeathing money and collecting income from stocks are also taxed very highly.
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