1. Suppose that the province of Nova Scotia currently has a property tax that imposes the same tax rate on land and structures in the province. The provincial government has recently decided to...

1. Suppose that the province of Nova Scotia currently has a property tax that imposes the same tax rate on land and structures in the province. The provincial government has recently decided to increase the tax rate on land and remove the tax on structures.

1. a) Analyze the consequences of the decision on landowners, tenants, government, and the community (society) of the province, using the traditional view on the property tax. Use suitable diagrams to illustrate. (3 marks)

1. b) Analyze the consequences of the decision using the new view of the property tax. (2marks)

2. In an economy, the supply of labour is given by S = 10 + 200Wn, where S is the quantity supplied of labour (hours of work), and Wn is the after-tax wage rate (net wage). Assume that the before-tax wage rate is fixed at $10.

1. a) Find the quantity supplied of labour and the total tax revenue at the following tax rates: 15%, 30%, 50%, 70%, and 80%. (2 marks)

1. b) Calculate the net wage elasticity of labour supply at each of the tax rates. Is the tax revenue positively or negatively related to the net wage elasticity? (1.5 marks)

1. c) What does the relationship between the tax rate and the tax revenue resemble? What is the tax rate that generates the highest level of tax revenue? (1.5 marks).

3. a）说明公司的税收如何保护个人所得税的完整性。有什么其他理由可以证明公司税合理？（2分）

1. b）使用公司税的不同观点来解释公司税对资源分配，税收发生和超额负担的可能影响。您认为哪种观点更现实？证明你的答案。（3分）

4. a）假设省政府使用线性所得税表收取所得税收入。在给定年份收入为零的纳税人可以从政府那里获得500美元的生活津贴。如果年收入为30,000美元的纳税人缴纳4000美元的税，边际税率是多少？在图表上绘制线性所得税表。纳税时间表是否会递减？证明你的答案。（2.5分）