As more people become self-employed,which allows them to determine how many hours they work per week,we would expect the deadweight loss from the Social Security tax to
A)increase,and the revenue generated from the tax to increase.
B)increase,and the revenue generated from the tax to decrease.
C)decrease,and the revenue generated from the tax to increase.
D)decrease,and the revenue generated from the tax to decrease.

Question

Quizplus · Accepted Answer

As self-employed individuals can adjust their work hours, they may reduce their taxable income to minimize tax liability, increasing deadweight loss and decreasing tax revenue.

As More People Become Self-Employed,which Allows Them to Determine How