Microeconomics, Student Value Edition Plus MyLab Economics with Pearson eText -- Access Card Package (6th Edition)
Microeconomics, Student Value Edition Plus MyLab Economics with Pearson eText -- Access Card Package (6th Edition)
6th Edition
ISBN: 9780134304755
Author: R. Glenn Hubbard, Anthony Patrick O'Brien
Publisher: PEARSON
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Chapter 18, Problem 18.4.6PA

Sub part (a):

To determine

The pretax income.

Sub part (a):

To determine

Relevance of inequality of income.

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You are working for a politician who worries that a new tax will cause more inequality. She shows you the following results. Explain to her what it tells us about the impact of the tax Wealth Gini before tax: 0.8 Wealth Gini after tax: 0.9 Income Gini before tax 0.5 Income Gini after tax 0.4   (Please solve whole question I will Rate your answer.)
https://data.oecd.org/inequality/income-inequality.htm
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