A lump-sum tax would take different amounts from the poor and the rich.
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Q52: If James earns $80,000 in taxable income
Q53: Lump-sum taxes are equitable but not efficient.
Q54: A lump-sum tax minimizes deadweight loss.
Q55: According to the ability-to-pay principle, it is
Q56: If Christopher earns $80,000 in taxable income
Q58: According to the benefits principle, it is
Q59: Antipoverty programs funded by taxes on the
Q60: If Mary earns $80,000 in taxable income
Q61: If the rich pay more in taxes
Q62: A lump sum tax can never have
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