Smart-Tutor
13 years, 1 month ago
Rated 10.0 earned 461.01 around 10 assignments.
Here I write a sample para for question one.This is not the complete answer of question 1 .Its just sample.
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Taxes on labor income and consumption spending encourage households to shift away from work in the legal market sector and toward untaxed uses of time such as leisure, household production, and work in the shadow economy.It has been seen that higher tax rates on labor income and consumption expenditures lead to less work time in the legal market sector, more time working in the household sector, a larger underground economy, and smaller shares of national output and employment in industries that rely heavily on low-wage, low -skill labor inputs.
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