Illustrate how adding a tax benefit to people at the low end


Problem

a) Illustrate how adding a tax benefit to people at the low end of the income scale (causing many new people to file taxes to get those benefits) alters the percentage of income reported to be held by the top portion.

b) Illustrate how, when the rich get richer (and everyone else maintains the same level of wealth), the ratio of the mean to the median wealth rises.

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Microeconomics: Illustrate how adding a tax benefit to people at the low end
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