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Income Tax Short Answer Question

Jim Riley

3rd March 2009

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An outline answer of Q4 from Higher Level Paper 2, May 2008.

A government decides to raise personal income tax rates. Using diagrams, explain one possible demand-side consequence and one possible supply side consequence of this decision [10]

May_2008_Short_Answer_Paper_Question_4.pdf

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Jim Riley

Jim co-founded tutor2u alongside his twin brother Geoff! Jim is a well-known Business writer and presenter as well as being one of the UK's leading educational technology entrepreneurs.