Which of the following statements is true?
A) Taxes reduce the incentive to work because they increase an individual's after-tax earnings.
B) Taxes do not have any impact on the incentive to work, but they increase an individual's after-tax earnings.
C) Taxes increase the incentive to work because they increase an individual's after-tax earnings.
D) Taxes increase the incentive to work because they do not affect an individual's after-tax earnings
E) Taxes reduce the incentive to work because they reduce an individual's after-tax earnings.
Correct Answer:
Verified
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