Suppose two economists are debating tax reform bill. Both economists agree that the bill would increase the after-tax income of the top 5% of income earners. However, they disagree on whether the bill would improve the tax system. Which of the following is the most plausible reason for why these economists disagree? a) A lack of evidence about the long-run impact of the proposed bill. b) Differences in methodology. c) Different choices about the right simplifications to use in economic analysis. d) Differences in values.
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