Answered

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Making the federal personal income tax rate structure more progressive:

A. Would make the distribution of income more unequal
B. Would increase the amount of deadweight loss
C. Both of the above
D. Neither of the above

Sagot :

GinnyAnsweridn

Final answer:

Increasing the progressiveness of the federal personal income tax rate would lead to more deadweight loss.


Explanation:

Making the federal personal income tax rate structure more progressive would increase the amount of deadweight loss. This is because deadweight loss refers to the loss of economic efficiency that occurs when the tax rate is increased in conjunction with income, leading to a potential disincentive for individuals to earn more.


Learn more about Effect of progressive tax on deadweight loss here:

https://brainly.com/question/38438281


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