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| Teaching Since: | Apr 2017 |
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MBA, Ph.D in Management
Harvard university
Feb-1997 - Aug-2003
Professor
Strayer University
Jan-2007 - Present
Assume that Nation X consists of only four honest, hardworking, single citizens who earned the following salaries (their only source of income) for the year.
Â
                                      Citizen A                               $12,000
                                      Citizen B                                 25,000
                                      Citizen C                                 50,000
                                      Citizen D                               100,000
Â
Collectively, the citizens of X have decided that $30,000* of annual tax revenue is needed to provide public goods and services, national defense, etc. Assuming that Nation X's economy and culture are very much like that of the United States, apportion the tax burden among X's citizenry in a manner that seems most equitable to you.
Â
                                      Citizen A                          _________
Â
                                      Citizen B                           _________
Â
                                      Citizen C                          _________
Â
                                      Citizen D                          _________
Â
                                      Total*                                    $30,000
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