What impact does taxes have on the state of employment and the workforce? Are they beneficial or a hindrance to growth in employment?If taxes were lower, how could business differently?What do you think would happen if there were no taxes and one could spend all the money earned on capital and employee wages?

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Economics Today and Tomorrow, Student Edition

1st Edition

ISBN:9780078747663

Author:McGraw-Hill

Publisher:McGraw-Hill

Chapter16: Government Spends, Collects, And Owes

Section: Chapter Questions

Problem 20AA

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What impact does taxes have on the state of employment and the workforce? Are they beneficial or a hindrance to growth in employment?
If taxes were lower, how could business differently?
What do you think would happen if there were no taxes and one could spend all the money earned on capital and employee wages?

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What do you think would happen if there were no taxes and you could spend all your money on capital and employee wages?

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