Due to lack of information the government imposes distortionary taxes. What are the effects of such taxes?

      

Due to lack of information the government imposes distortionary taxes. What are the effects of such taxes?

  

Answers


Faith
Distorts economic decision making process
Leads to excessive administrative and compliance costs
Inconsistent with macroeconomic policy

Faimus answered the question on February 25, 2019 at 19:29


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