Discuss the Challenges to Local government finance in the area of Political, Social, Economic and cultural

Q: which of the two is commonly used by governments in raising finance aimed at funding capital…

A: Capital market sectors are a viable and productive component for the allotment of capital. Capital…

Q: Pareto equilibrium

A: ‘Pareto efficiency’ is a situation where it is impossible to make one entity better-off without…

Q: Management and control over revenue generation and resource utilization

A: Public finance studies the role of government in an economy. Government operates in an economy…

Q: explain the implications of the aspect you chose for public management? public financing and…

A: Public finance is the method of managing the public funds in the country’s economy that recreates…

Q: In case the government is experiencing a deficit in its budget, it resorts to borrowing to close the…

A: In the production process, the conditions and fluctuations that happen between demand and also the…

Q: Most businesses pay corporate income tax to the federal government based on the company's corporate…

A: The corporate income tax is paid based on the company's operating earnings.

Q: Critically examine the principles of taxation and point out the difficulties in their practical…

A: Taxation is an important part of government revenue. Without taxes it is not possible for a…

Q: Indirect taxes: Draw diagrams to show specific and ad valorem taxes, and analyze their impacts on…

A: Answer: (1).  Specific indirect taxes: it refers to the per-unit tax imposed on each unit sold.…

Q: Percent of Income Paid in Total amount Income Tax of Tax Paid Family $10,000 20% $2,000 A Family…

A: Here, there are three families having different income levels and paying the same tax rate. A income…

Q: present information related to one (1) of the different types of government regulation

A: Government regulation is the set of rules and laws that ensure discipline and non-discrimination in…

Q: Describe the difference between efficiency and effectiveness in government and give an example using…

A: Effectiveness vs Efficiency:- Effectiveness:- Effectiveness deals with the maximizing the desired…

Q: Tax rate rise when the income of the consumer rise in case of progressive tax system.  True/False

A: We have different types of tax system depending upon how the tax rate behaves with change in income.…

Q: Discuss at least three problems and issue which beset efficient and effective tax administration in…

A: Governments levy mandatory charges on persons or companies, which is referred to as taxation. Taxes…

Q: Critically examine the principle of  Proportionality in good public administration For the…

A: A) The proportionality is the method that an activity ought not be more extreme than is needed,…

Q: -------------------------------------------------- refers to those economic policies that involve…

A: In economics, we study how scarce resources are used by decision-makers to satisfy the unlimited…

Q: What are the Principles of Public Debt Management?

A: Introduction - Getting control of your bills is the process of debt management.It entails keeping…

Q: The fact that lower-income families will spend a higher percentage of their income on tangible goods…

A: Taxation system refers to the way of taxing the income of people by the state government or central…

Q: True False and a 1 sentence explaniation please. thanks.   A) The use of fuel (gasoline and…

A: Solution -- The use of fuel (gasoline and diesel) taxes to fund building and maintaining roads and…

Q: Define Public finance. How public finance is different from private finance?

A: Government spending is the costs incurred by the government on goods and services to enhance the…

Q: Why people buy public debt, even if it does not pay any interest?

A: Public debt is the debt that a nation owes to lenders outside the nation. These lenders can be…

Q: Taxes on corporate income generate more revenuethan individual income taxes.True______ False______

A: The individual income tax is the largest source of revenue generation since 1950. It contributes…

Q: Which tax is the largest source of tax revenue in the United States? personal income taxes…

A: The largest source of the tax revenue of the United States government has individual tax been since…

Q: Which of the following is not likely to have a bond issue? o startup company government O public…

A: Bonds is an borrowing instrument through which companies, governments, municipalities raise money by…

Q: QUESTION 3 Which of the following has been the primary focus of economists in their analyses of…

A: Public economics is a branch of economics that studies public administration.

Q: Discuss the scope of local public finance; a) Revenue Generation b) Revenue Allocation and…

A: Public finance deals with the finance or the flow of money to and from the government. The…

Q: Distinguish between the benefits-received and the ability-to-pay principles of taxation. Which…

A: Taxation refers to the process by which a government or taxing body imposes or collects a tax from…

Q: WHich are two main types of debt instruments issued by the Australian Government?

A: Debt is an obligation that legally binds the borrower to pay back the lender the principal amount…

Q: Define the three principles of sound tax system (Fiscal Adequacy, Equality or Theoretical Justice,…

A: The tax system is defined as a legally regulated system of public relations based on principles that…

Q: What are non-tax sources of public revenue?

A: The term "public finance" refers to the study of government revenue and expenditures. It examines…

Q: Define the term long-term debt financing?

A: Long Term Debt Financing is a financing method through which long term loans are taken and its…

Q: Government spending $515 Tax revenues Year 1 $400 Year 2 Year 3 459 442 529 482 Refer to the above…

A: National Public debt is the burden on government if the expenditure exceed the revenue , so they…

Q: Examine the four different companies in the table, which shows their yearly income and their tax…

A: Regressive tax : The rate of taxation decreases as the income of taxpayers increases. Progressive…

Q: The largest source of federal government revenue is which of the following? Other royalties and…

A:

Q: A government budget is a financial statement presenting the government’s proposed revenues and…

A: According to Keynesian macroeconomics, government expenditure and taxation policies are able to…

Q: progressive tax system tax rate rise with rise in income True/False

A: Answer. Introduction  Progressive tax  A progressive tax is based upon the taxpayer's ability to…

Q: A government replaces progressive taxes with regressive taxes. What is the likely outcome?  a.…

A: In an economy, a progressive tax is when higher income tax is imposed on the people with higher…

Q: What is the importance of public finance?

A: Introduction - In the 19th century, public finance or revenue had no special importance as the…

Q: • Present two new suggestions on what the Singapore government can do to overcome deficiencies of…

A: The countries that vaccinate and recover the fastest will benefit from a much-needed boost in…

Q: Explain the relationship between changes in the economic structure of direct tax revenues!

A: For developing and emerging economies,  a sufficient amount of tax revenues are a necessity for a…

Q: TRUE or FALSE and EXPLAIN The corporate income tax is a progressive tax because profits from…

A: Tax can be considered as the contributions made by the public toward government expenditure. It is…

Q: Define and give examples of the macro- and micropolitics of public budgeting.

A: To find : Example of public budgeting.