Problem
Say you earn $200, and that the government takes $75 from you in taxes to give to someone else.
a. How would you feel about that?
b. What would that transfer likely do to your incentive to work?
c. What would the government transfer of $75 likely do to the incentive to work of the person who receives the payment?
d. Would the effect be different if you voluntarily gave $75 to someone else? (Austrian)
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.