- #1

bagasme

- 75

- 9

Suppose that in a monopoly game (board game), a player passed through

*Go*and receive $2000 as salary. Then he landed on

*Income Tax*and he paid $2000 too. It means that he paid 100% tax rate, in other words he paid all of his salary only for the tax.

What the effects and implications if the same tax policy (100% income tax rate) applied in real life?