Economy, asked by ainisafiyyah3760, 1 year ago

Tax rates on higher income group have been increased. Which economic value does it reflect? Explain


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Answers

Answered by afsinalomgirovi
0

Answer:

Of course, tax rates that are too high aren't good either. Too high tax rates are an economic killer because they create a confiscatory feeling that kills off any incentive for work, gain or risk. ... Lower and lower taxes aren't necessarily pro-growth any more than higher taxes always result in more revenue.

Explanation:

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