Explore BrainMass
Share

Explore BrainMass

    Taxes

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    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.

    © BrainMass Inc. brainmass.com October 9, 2019, 8:13 pm ad1c9bdddf
    https://brainmass.com/economics/poverty/143581

    Solution Preview

    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 ...

    Solution Summary

    The solution answers the question below in great detail.

    $2.19