Do you think using we should use taxation as a redistribution tool in a country?

Q: discuss double taxation that is good for 2 minutes.

A:

Q: if the first $50,000 is taxed by 1 percent and anything above $50,000 to $75,000 is taxed by 2…

A: First, $50,000 is taxed by 1 percent. Anything above $50,000 to $75,000 is taxed by 2 percent.…

Q: Discuss justice and fairness while answering the questions. 1. Who should pay for the cost of social…

A: Note: In the BNED Guidance, only the first question can be answered at a time. Resend the question…

Q: What determines how the burden of a tax is dividedbetween buyers and sellers? Why?

A: The tax incidence depends on the price elasticity of supply and demand. Most burden falls on the…

Q: Should the richest Americans be taxed on their wealth?

A: We are authorized to answer one question at a time since you have not mentioned which question you…

Q: Why do you think we should use taxation as a redistribution tool in a country?

A: Meaning of Equality and Efficiency: The term efficiency refers to the situation when an economic…

Q: Where does our taxes goes? What are the things that the government do to our taxes? Who are those…

A: As economies emerged, economic agents increased their demand for goods and services. Production of…

Q: When the government levies a tax on a good, who actually bears the burden of the tax? The people…

A: When the tax is levied on the buyers, like the tax levied on the consumption of goods and services…

Q: What is the condition of tax incidence in the Philippines, who carries the burden more? Give…

A: The distribution of a tax's economic burden among the affected parties is known as tax incidence. It…

Q: Those on the political left would tend to favor _____ government action and _____ taxation to reduce…

A: In an economy, income inequality is a major problem because it arises many other issues in the…

Q: What is the nature of Taxation?

A: Government and private sector balance the functioning of economy. With public and private sector,…

Q: Do you think we should use taxation as a redistribution tool in a country?

A: Inequality has increased in both developing and developed nations. In my opinion, taxation as a…

Q: How can the relative levels of taxes impact relationships between states? For instance, what is…

A: As we know tax is one of the major sources of government income, which the government spends on…

Q: What would happen if Texas collects less taxes and generates less revenue?

A: In an economy, it can be seen that the taxes are the major part or component of government revenue.

Q: Write an essay about:

A: ANSWER STEP-1 Companies and employees in urban center fancy a number of very cheap taxes within the…

Q: progressive income tax has a greater deadweight loss compared to a proportional incone tax ?…

A: Progressive income tax is a situation when the level of taxes increases with the increase in income…

Q: What net tax is this combination equivalent to

A: The method through which the governing authority of a nation gains funds from the public is called…

Q: Name three types of taxes and analyze the deadweight loss of each.

A: Tax is cash that must be paid to the state by individuals. Tax payments were intended to provide for…

Q: Do you think that dead weight loss of soda junk food tax would be relatively large or relatively…

A: Deadweight loss is a measure of loss of efficiency and it occurs when the demand and supply is not…

Q: How important is tax in a government?

A: A tax refers to a compulsory financial fee or some other type of levy imposed on a taxpayer by a…

Q: Why is taxation considered as the strongest among the three inherent powers of the State?

A: The government has three powers, which are functioned by only government authorities. They are…

Q: Is digital taxation feasible in Africa?

A: Africa has made adjustments to utilize unconventional digital means to replace every day physical…

Q: In macroeconomic, How does the government tax?

A: The taxes are the primary source of revenue for any government.

Q: Adam Smith proposed taxing ‘Sugar, rum and tobacco’ because they are: “nowhere necessaries of life”…

A: Adam Smith proposed taxing ‘Sugar, rum and tobacco’ because they is: “nowhere necessaries of life”…

Q: Why do you think we should use taxation as a redistribution tool in a country?

A: There is obviously a strong case for shifting resources from those at the top of the income scale to…

Q: What are the principles of Tax-incidence?

A: Taxes are described as mandatory fees collected from citizens by the government. These taxes are the…

Q: Which of the following is most likely to make a country’s income distribution more equal? a.…

A: The income distribution is fully equal if everyone earns precisely the same amount of money. In most…

Q: What is proportional tax? Write its merits and demerits.

A: Introduction - An income tax system known as a proportionate tax applies the same percentage of tax…

Q: Which taxation system is best and which is the worst?

A: There are three types of tax systems 1. Progressive 2. Proportional 3. Regressive

Q: Which of the following government programs are financed by payroll tax? a) Medicare, food stamps,…

A: A payroll tax is a percentage deducted from an employee's pay that is paid to the government on the…

Q: If the first $50,000 is taxed by 1% and anything above $50,000 to $75,000 is taxed by 2% then what…

A: Amount Tax Rate 0 to 50,000 1% 50,000 to 75,000 2%

Q: Do you think using we should use taxation as a redistribution tool in a country?

A: Tax is the money payable to the government according to the tax laws. Income tax is levied as a…

Q: Market for

A: Tax of 6/unit will raise the supply curve by 6.

Q: a) Why do you think we should use taxation as a redistribution tool in a country? b) Discuss whether…

A: "Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: According to Ibn Hazm, when zakah collection is not sufficient to satisfy the basic needs of the…

A: Answer-

Q: What is Proportional Tax?

A: Taxes- proportional, progressive and regressive. Proportional taxes are flat taxes (as %) which are…

Q: What are some of the problems associated with working out whether a tax system is equitable?

A: Meaning of Progressive Tax: The term progressive tax refers to the situation under which the tax…

Q: Are taxation policies more effective than education policies, in reducing cigarette smoking in…

A: Education policies are based on behavioral aspect of humans ie they sought to bring a behavioral…