Which of the following is true with regard to a tax on labor income? Taxes on labor income tend to encourage ?

A. the unscrupulous to enter the underground economy
B. the elderly to retire early.
C. all the things described in these answers.
D. second earners to stay home.
E. workers to work fewer hours

Correct Answer: all the things described in these answers. ✔

Last Updated: June 18, 2019