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book Microeconomics 13th Edition by Russell Sobel, David Macpherson, Richard Stroup, James Gwartney cover

Microeconomics 13th Edition by Russell Sobel, David Macpherson, Richard Stroup, James Gwartney

Edition 13ISBN: 978-0538452281
book Microeconomics 13th Edition by Russell Sobel, David Macpherson, Richard Stroup, James Gwartney cover

Microeconomics 13th Edition by Russell Sobel, David Macpherson, Richard Stroup, James Gwartney

Edition 13ISBN: 978-0538452281
Exercise 4
Compared with the situation before 1981, the marginal tax rates imposed on individuals and families with high incomes are now lower. What was the top marginal personal income tax rate in 1980? What is the top rate now? Are you in favor of or opposed to the lower marginal rates? Why?
Explanation
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Over the years, top marginal tax rate re...

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Microeconomics 13th Edition by Russell Sobel, David Macpherson, Richard Stroup, James Gwartney
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