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should government avoid debts at any cost?
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- Income taxes are calculated based on gross income less certain allowabledeductions. They are also assessed on gains resulting from the disposal of property. What is a 10-word or less definition appropriate for a corporation, based on Wikipedia, for each of the following factors? a. Gross income. b. Expenses. c. Depreciation. d. Interest. e. Property (e.g., equipment) disposition.What would not result from replacing the income tax with consumption tax Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.Explain the concept of Offshore government and discuss its advantages and disadvantages. Give examples
- 1% MCIT is not applicable to a. Domestic Corporation b. Resident foreign corporation c. Non resident foreign corporationSome commentators believe that the emergence of the "Asian financial turmoil" is the result of excessive government intervention in the economy. Do you agree with this view? why? (The economic role played by the governments of one or several Asian countries and their influence should be used as an example. Participants should also clearly indicate whether they agree with this view)Value added tax is part of direct taxes True False Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
- Are these two claims equivalent, in conflict, or not comparable because they’re talking about different things? a. “The school levy is only a 0.1% increase of the property tax rate.” b. “This new levy is a 12% tax hike, raising our total rate to $9.33 per $1000 of value.urgent 1.10. The US Federal System is the voting method for passing a bill intolaw. It involves 100 members of the Senate, 435 members of the Houseof Representatives, the vice president, and the president, for a total of537 voters. For a bill to pass, it must have a majority in the House, amajority in the Senate, with the possibility of the vice president breakinga tie, and the signature of the President; or if the president opposes thebill, it must have a 2/3 super-majority in both the House and Senate tooverride the veto. Otherwise the bill is defeated.Think of this as a social choice function where the alternatives areA, to pass the bill, or B, to defeat the bill. Does the US federal systemsatisfy:(a) the anonymity criterion?(b) the neutrality criterion?(c) the monotonicity criterion?(d) the decisiveness criterion?(e) the near decisiveness criterion?Debt has a certain self-reinforcing quality to it. There is one category of government spending that automatically Increases along with the federal debt. What Is It?
