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Cuba Cuba
wrote...
Posts: 2658
Rep: 7 0
8 years ago
If government raised taxes on the rich and this resulted in a decrease in productivity, the increase in taxes will still definitely make society better off.

Is this true or false?!
Textbook 
Economic Analysis of Social Issues

Economic Analysis of Social Issues


Edition: 1st
Author:
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wrote...
8 years ago
This is when conspiracies get the shining light.

If rich don't want government to pull off their money, they won't, because they pay.

Of course it would be better, but the bad part of being rich, is that you'll pay 500 million, just to remain with your 15 billion.

Not inducing conspiracy theories. But let's face it, rich people will do everything to become even richer. Even if the costs are small and temporal, it's better for them to just pay once and not get their money threatened.
wrote...
Educator
8 years ago
Should be false!
Cuba Author
wrote...
8 years ago
Straight to the point! Appreciate your time and your help.
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