can you please solve this for

1. We would keep working if tax rate will be 10%. As it is theminimum tax rate so it is the best tax rate. We can pay easily paythis tax and the tax burden will be less as we have to pay only 10%of $20000/year means $2000. So net income will be $18000.
2. Individuals can change their behaviour because of each of thesetaxes as follows:

• A sales tax on food – it will decrease consumption of fooditems
• A tax on families with school age children – will reduce theirexpenditure and it might affect their education expenditure.
• A property tax on vacation homes : will reduce demand forvacation homes
• A sales tax on jewelry : will reduce demand for jewelry

Rank – smallest to highest deadweight loss:

1. A property tax on vacation homes
2. A sales tax on jewelry
3. A tax on families with school age children
4. A sales tax on food

              Dead weight loss is an important thing to consider when designing atax system but not the only thing.