Pearson eText Microeconomics -- Access Card
Pearson eText Microeconomics -- Access Card
7th Edition
ISBN: 9780136850045
Author: Hubbard, Glenn, O'Brien, Anthony
Publisher: PEARSON
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Chapter 18, Problem 18.4.15PA
To determine

Impact of marginal tax rate on the income of poor people.

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According to Ibn Hazm, when zakah collection is not sufficient to satisfy the basic needs of the poor, tax should be levied upon the wealthy Muslims. Explain how Ibn Hazm’s idea of ‘extra taxation’ or ‘supplementary tax’ for the fulfilment of basic needs can be introduced in modern times? Apply a simple working mechanism for that additional tax in Malaysia
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