Chapter 21 - Public Choice Theory and Economics of Taxation - R50   Add to cart

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Chapter 21 - Public Choice Theory and Economics of Taxation

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Apportioning the tax burden - ABILITY TO PAY PRINCIPLE
Apportioning the tax burden - ABILITY TO PAY PRINCIPLE
Tax burden should be apportioned according to tax payers income/wealth. Large incomes = pay more taxes than those with a lower income
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Summary: EKN 120 - Chapter 17 - 21

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EKN 120 notes for Semester test Includes: Chapter 17 - Aggregate Demand and Aggregate Supply Chapter 18 - Introduction to Economic Growth, Unemployment and Inflation Chapter 19 - Government and Market Failure Chapter 20 - Fiscal Policy, Deficits, and Debt Chapter 21 - Public Choice Theory and the Ec...

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