In the spring of 1993, President Clinton proposed an energy tax. At one point in the congressional review of the proposal there was discussion of various exemptions for farmers, truckers, etc. One plan was to dye fuel different colors to better track the appropriate tax on the user of the fuel. Economists would label these exemptions
a. loopholes.
b. economically efficient.
c. obviously fair.
d. all of the above.
a
Economics
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If you pay $14,000 in taxes on an income of $125,000, and $17,400 in taxes on an income of $144,000, what is your marginal tax rate? Show your work
What will be an ideal response?
Economics
When interest rates rise, the price of bonds:
(a) Increases (b) Decreases (c) Stays the same (d) can be determined.
Economics
Since the costs of negative by-products are not deducted,
Economics
As the number of firms in an oligopoly market
a. decreases, the price charged by firms likely decreases. b. decreases, the market approaches the competitive market outcome. c. increases, the market approaches the competitive market outcome. d. increases, the market approaches the monopoly outcome.
Economics