...level of national income in S'pore? Help ): So here's the question.
"Reductions in the top tier personal income tax rate from 21% to 20% and in the corporate tax rate from 20% to 17% have made Singapore one of the countries with the lowest tax rates in the world.
Discuss the impact of the reduction in personal and corporate tax rates on the equilibrium level of national income of Singapore."
Thanks!
"Reductions in the top tier personal income tax rate from 21% to 20% and in the corporate tax rate from 20% to 17% have made Singapore one of the countries with the lowest tax rates in the world.
Discuss the impact of the reduction in personal and corporate tax rates on the equilibrium level of national income of Singapore."
Thanks!