A longstanding issue in economics is how income taxes affect government revenue.

ECO 510 Module Two Critical Thinking Guidelines and Rubric A longstanding issue in economics is how income taxes affect government revenue. Proponents of increasing income taxes say th at taxing citizens at a higher rate will increase government tax revenue since you are collecting more from each person. Doubters o f this policy say that increasing income taxes causes people to find ways to avoid tax or causes citizens to work less, ultimately reducing the tax rate. Given this economic issue , suggest primary and secondary data sources that one could use to test this hypothesis. Explain why the selected data sources are appropriate for the topic. Guidelines for Submission: Your response should be one to two pages in length with double spacing, 12 -point Times New Roman font, one -inch margins, and APA citations. Inst ructor Feedback : This activity uses an integrated rubric in Blackboard. Students can view instructor feedback in the Grade Center. For more in formation, review these instructions . Critical Elements Exemplary (100%) Proficient (90%) Needs Improvement (70%) Not Evident (0%) Value Primary and Secondary Data Sources Submission meets “Proficient” criteria and gives more than one example for both a primary and secondary data source At least one primary and secondary data source is identified that can be used correctly to test this hypothesis At least one primary or secondary data source is identified, but no source can be used correctly to test this hypothesis No primary or secondary data source is identified that could be used correctly to test this hypothesis 30 Appropriateness of Sources Submission meets “Proficient” criteria and numerous reasons in support Presents a clear explanation of why the selected data sources are appropriate for the topic Attempts to present an explanation of why the selected data sources are appropriate for the topic, but is not clear Does not pres ent an explanation of why the selected data sources are appropriate for the topic 30 Hypothesis Testing Submission meets “Proficient” criteria and includes correct notation Correctly expresses how the hypothesis test for the issue of income taxes would work Attempts to express how the hypothesis test for the issue of income taxes would work, but is incorrect or not clear Does not express how the hypothesis test for the issue of income taxes would work 20 Course Vocabulary Meets “Proficient” criteria and integrates the course vocabulary into all aspects of the case study Applies vocabulary for the economic topic throughout case study Lists some vocabulary or phrases, but it is not connected to the context of the questions Does not include economic vocabulary 10 Articulation of Response Submission is free of errors related to grammar, spelling, syntax, and organi zation and is presented in a professional and easy -to-read format Submission has no major errors related to grammar, spelling, syntax, or organization Submission has major errors related to grammar, spelling, syntax, or organization that negatively impact readability and articulation of main ideas Submission has critical errors related to grammar, spelling, syntax, or organization that prevent understanding of ideas 10 Earned Total 100%