What is the best tax policy? Imagine that you are the economic advisor to a political candidate who

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What is the best tax policy?

Imagine that you are the economic advisor to a political candidate who is trying to decide about tax policy She asks you to prepare one paragraph position paper on each of the following:

  1. Based on the distribution of personal income (See Table 24 in your textbook), should US taxes be adjusted to be:
  2. More progressive?
  3. More regressive?
  4. Keep the distribution the same?

2 Which US taxes should be adjusted to achieve the outcome you describe in question one?

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