Microeconomics: Principles, Problems, & Policies, 20th Edition

Published by McGraw-Hill Education
ISBN 10: 0077660811
ISBN 13: 978-0-07766-081-9

Chapter 18 - Public Finance: Expenditures and Taxes - Discussion Questions: 13

Answer

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Work Step by Step

The US tax system is fairly progressive, for it taxes the wealthy at a higher rate. While some argue that other systems would not work, experts debate whether or not they would work. Note that the United States government is far less progressive than most European countries.
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