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Tuesday 26 June, 2007

1000sc-424

424. Income in a single year is a very poor guide to income and wealth over even a few years, much less a lifetime; in the longer run, a tax on what people spend is therefore not much different than a tax on their income.

(A) than a tax on their income

(B) from a tax on what they earn

(C) than taxing income

(D) from the income tax

(E) than a tax on what people earn





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