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Taxes

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What's wrong with the following statement? People should be taxed in proportion to the economic benefits they individually receive from spending the tax revenue; therefore, estate taxes should be eliminated, and welfare programs for poverty should be financed by taxing the poor.

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Taxes are ways government provides for common goods or public goods. These are goods that any one person would not be willing to pay for themselves. Thus the government levies taxes in order to provide for such common and ...

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