ECO 450 week 8 DQ 2

Personal Income Tax" Please respond to the following:

•From the second e-Activity, analyze the impact of the expiration of the Bush tax cuts on personal income tax rates. Take a position on whether the Bush tax cuts be extended on a temporary or permanent basis for individuals. Provide a rationale for your answer

 •Analyze the progressive nature of the U.S. federal income tax rate structure. Explain the political philosophy that drives a progressive tax rate structure. Identify how this supports or contradicts the existence of state-run lotteries.
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