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Economics for Today 9th Edition by Irvin Tucker
Edition 9ISBN: 978-1305507111Economics for Today 9th Edition by Irvin Tucker
Edition 9ISBN: 978-1305507111 Exercise 18
The negative income tax (NIT) is a plan under which families
A) above a level of income pay no tax.
B) pay the same tax rate except for the poor.
C) below a level of income pay no tax.
D) below a level of income receive a cash payment.
A) above a level of income pay no tax.
B) pay the same tax rate except for the poor.
C) below a level of income pay no tax.
D) below a level of income receive a cash payment.
Explanation
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Therefore, the negative income tax is a ...
Economics for Today 9th Edition by Irvin Tucker
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