A shift from progressive direct taxes to a federal sales or value-added tax would probably encourage investment more than consumption.
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Q38: Many people disagree about the degree of
Q39: A general sales tax is:
A)a progressive tax
Q40: The largest item in local government budgets
Q41: Before World War I, the combined federal,
Q42: The Invisible Hand has several limitations.
Q44: Government expenditure in the United States measured
Q45: Prior to World War I, aggregate local
Q46: The efficiency function of government is motivated
Q47: When monopolies or oligopolies collude to fix
Q48: The efficiency concern of government is motivated
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