Lsquolsquohigh income earners should pay a high rate of tax
‘‘High income earners should pay a high rate of tax because their labor supply is inelastic and the revenue raised can be used to assist those on low incomes.'' Distinguish between the positive and normative components of this statement.
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lsquolsquohigh income earners should pay a high rate of tax because their labor supply is inelastic and the revenue
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