One Argument Advanced in Favor of Not Increasing the Income

Multiple Choice

One argument advanced in favor of not increasing the income tax on individuals with high income is that

A) increasing income tax increases wealth which contributes to increases in GDP.
B) increasing the income tax on these individuals will reduce economic efficiency.
C) increasing the income tax affects mostly middle-income and low-income individuals who are already paying heavy income taxes.
D) not increasing income taxes will discourage corporations from increasing investment.