Workers will bear less of a payroll tax if Group of answer choices a the supply...

Workers will bear less of a payroll tax if Group of answer choices

a the supply of labor curve is steeper

b the supply of labor curve is flatter

c impose payroll tax only on employers

d none of the above

Expert Solution

Solution: a the supply of labor curve is steeper: It is a case where the labour is paid more when less no. of workers are hired(Supplied) or labours are paid less when more no. of workers are hired(Supplied). So, if the labour are paying less payroll tax it means small amount of burden is shifted to labour and the rest of the burden is with the firm (Employer) which will lead to a flatter curve not steeper.

b the supply of labor curve is flatter: It is a case where the labour is paid constant and at the same amount firm may hire more or less no. of worker. So, if the labour are paying less payroll tax it means small amount of burden is shifted to labour and the rest of the burden is with the firm (Employer) which will lead to a flatter curve not steeper. As the flatter curve indicates no change or negligible change.

c impose payroll tax only on employers: Normally payroll tax cannot be shifted to on employers as per the rule. So certain amount has to be imposed to worker (Employees)

d none of the above (Invalid option as the answer is “the supply of labor curve is flatter”)

Ans: the supply of labor curve is flatter: It is a case where the labour is paid constant and at the same amount firm may hire more or less no. of worker. So, if the labour are paying less payroll tax it means small amount of burden is shifted to labour and the rest of the burden is with the firm (Employer) which will lead to a flatter curve not steeper. As the flatter curve indicates no change or negligible change.

Rahul Sunny answered 1 year ago

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