Explain the arguments on both sides of the given issue, Microeconomics

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Explain the arguments on both sides of the given issue

Problem

Many economists and politicians have argued that moving from an income tax to a consumption tax would be unfair unless a wealth tax or an inheritance tax were enacted at the same time. Explain the arguments on both sides of this issue.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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