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Consider the following to tax schemes

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Consider the following to tax schemes

(3) Consider the following to tax schemes:
n he irs Ax.sche first 300 s tax exempt and the remaining earning are taxed at 20P%. In the second system there is no tax exemption but the tax ratc i5 259% over the whole income earned? Which tax system is more progressive? Make sure that you ine your measures of tax progressivity and show whether they conflict with each other or not.

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Consider the following to tax schemes

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Consider the following to tax schemes

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