Each person is better off with a bigger tax return than with a small tax return. That means that everyone would be better off if all taxes were zero. A person saying that is

Question

Quizplus · Accepted Answer

The statement is an example of the fallacy of composition, which assumes that what is true for individuals must be true for the group as a whole. In reality, a country with zero taxes would likely result in a lack of public goods and services, leading to negative effects on the overall welfare of society. Therefore, this statement is incorrect.

Each Person Is Better Off with a Bigger Tax Return