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Principles of Microeconomics

7th Edition
N. Gregory Mankiw
ISBN: 9781305156050

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BuyFindarrow_forward

Principles of Microeconomics

7th Edition
N. Gregory Mankiw
ISBN: 9781305156050
Textbook Problem

Why do some economists advocate taxing consumption rather than income?

To determine
Reason for taxing consumption rather than taxing income.

Explanation

According to some economists, it is more efficient to tax consumption rather than taxing income because tax on income might discourage savings w...

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