jianwen
Badges: 1
Rep:
?
#1
Report Thread starter 5 years ago
#1
why would regressive tax be a potential source of market failure?
how changes to the country's tax system could help reduce this market failure?


any help will be appreciated !!!!!
0
reply
physicsamor
Badges: 20
Rep:
?
#2
Report 5 years ago
#2
Forgive me if I am wrong, I am no teacher I am studying AS economics as well, but isn't the regressive tax an example of government failure because it was the government intervention of introducing the tax which caused the regressive effects? So the government have failed and therefore regressive tax is not a potential source of market failure (because the tax didn't cause the market to fail, the market was already performing inefficently/failing and the tax failed to correct the market failure), there has been unintended consequences as a cause of the government intervention but to correct this the government could introduce subsidies to perhaps the lower income families who have suffered the regressive effects for example. (like free school meals or something) but idk the questions confuse me XD
0
reply
X

Quick Reply

Attached files
Write a reply...
Reply
new posts
Back
to top
Latest
My Feed

See more of what you like on
The Student Room

You can personalise what you see on TSR. Tell us a little about yourself to get started.

Personalise

Do you think receiving Teacher Assessed Grades will impact your future?

I'm worried it will negatively impact me getting into university/college (90)
37.97%
I'm worried that I’m not academically prepared for the next stage in my educational journey (25)
10.55%
I'm worried it will impact my future career (18)
7.59%
I'm worried that my grades will be seen as ‘lesser’ because I didn’t take exams (57)
24.05%
I don’t think that receiving these grades will impact my future (30)
12.66%
I think that receiving these grades will affect me in another way (let us know in the discussion!) (17)
7.17%

Watched Threads

View All