
Why are lump-sum taxes rarely used in the real world
A) While lump-sum taxes have low administrative burdens, they have high deadweight losses.
B) While lump-sum taxes have low deadweight losses, they have high administrative burdens.
C) Lump-sum taxes take the same amount of money from both poor and rich taxpayers.
D) Lump-sum taxes are very inefficient.
Correct Answer:
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