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FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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To minimize dead weight loss resulting from taxation ,
A.tax rates should increase in times of need and reduced in other periods.
B.tax rates should be kept stable over time.
C.tax rates should alternate between 0 and higher rates every other year.
D.tax revenue should be maximized.
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