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Unformatted text preview: ($60 divided by $100) times 100, or 60 percent. A second issue concerns the question below. This is similar to the 8.3 section problem #1. The conceptual information you need comes from sections 8.1 (regarding efficiency) and 8.3 (regarding ability-to-pay and fairness). The numerical information you need (for the United States) is in section 8.2, namely in the table in figure 8.5 on p. 197. (Specifically, U.S. marginal tax rates range from 10 to 35 percent.) Thus, Spain places GREATER weight on the ability-to-pay principle, LESS weight on efficiency, and GREATER weight on fairness....
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This note was uploaded on 12/09/2010 for the course ECON 263 taught by Professor Nozell,j/teitelbaum during the Fall '08 term at USC.
- Fall '08