Income Taxes Are A Automatic Stabilizer Because When Income Falls Ceteris Paribu

Income taxes are a automatic stabilizer because when income falls, ceteris paribus, tax receipts:A) Fall as taxpayers experience bracket creepB) Fall since income taxes are regressiveC) Rise since automatic stabilizers work against the cyclical movementsD) Fall since taxes are cpmputed on the basis of income

Income taxes are a automatic stabilizer because when income falls, ceteris paribus, tax receipts:A) Fall as taxpayers experience bracket creepB) Fall since income taxes are regressiveC) Rise…

 

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