Taxes are one method of funding the poverty alleviation programs by the government.Which of the following is an important impact of taxes?
A) Taxes increase workers' incentives to work for longer hours.
B) Taxes raise the disposable income of the workers.
C) Imposition of taxes make the government popular among the people.
D) Taxes reduce the opportunity cost of leisure.
E) Taxes reduce the demand for labor.
Correct Answer:
Verified
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