What are the similarities and differences between tax and zakat?

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

A: A tax is described as one that the government imposes on citizens who participate in the economy in…

Q: What are cannons of taxation?

A: The administrative components of a tax are referred to as canons of taxation. They have to do with…

Q: What is Double Taxation?

A: Taxation refes to a system of levying taxes on individuals or firms in the economy. Taxes are a…

Q: How does a sales tax work? A. A tax is levied on the value of real property or land. B. A tax is…

A: Taxes are mandatory contributions levied by a government entity, whether local, regional, or…

Q: Certain items, such as gasoline, air travel, hunting equipment, cigarettes, and telecommunications…

A: Tax is the fixed rate of the amount that is charged by the government on a product from the…

Q: b) households; automobiles

A: By definition, Consumption, in Economics, is the use of goods and services by households.…

Q: Explain the impact of per-unit sales to the buyer and the seller, using a DIAGRAM that illustrates…

A: When sales tax is imposed on the producer, the production cost of the producer rises because for…

Q: The govemment is considering imposing taxes on the sellers of certain classes of products. The first…

A: Meaning of Tax Imposition:The term tax imposition or the tax hike refers to the situation under…

Q: Why is gasoline heavily taxed? Explain

A: A government plays a crucial role to overcome the problem of scarcity in the economy. It regulates…

Q: What does the total revenue represent?a

A: The income generated from normal commercial activities can be demarcated as revenue.

Q: Part 4 and 5 of the question please.

A:

Q: Jayden was recently hired for a job with an annual income of $36,000.  Using the federal income rate…

A: * SOLUTION :-

Q: When the income tax was first proposed in 1894, it was ruled unconstitutional? True or false

A: The tax is a unilateral payment made by the people towards the government for various purposes such…

Q: er tax rate a

A: The amount which are imposed by the government to the individuals or firms depicts the tax rate. It…

Q: Give a brief conclusion about taxation in Malaysia

A: Malaysia has progressive direct tax system.People with higher income are taxed higher and people…

Q: he Philip

A: The new tax reform is considered to be a good news for low-income and middle-income earners of the…

Q: What is inflation and what causes it?

A: Definition:  Paul Samuelson (American economist) defines as " a rise in the general level of…

Q: 2. Excise tax is a part of

A: To find : Excise test will be part of?

Q: What is the nature of Taxation?

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

Q: Which is more important to the economy, health of people or revenues generated? How will you strike…

A: The health of an individual and the revenues generated are importantly equal to the economy. It is…

Q: Should income from illegal activity/sources be as part of gross income?

A: INTRODUCTION  The issue of the tax collection from illicit source pay might appear to be far off,…

Q: Social security payments are a form of _____ and available to ____

A: Benefits from Social Security are payments paid to eligible retirees, persons with disabilities, as…

Q: explain four reason why is tax important for a country

A: Tax is the unilateral payment made by the people towards the government for the income earned by the…

Q: Is childcare provided in Spain or is it subsidized by the government?

A: Spain is one of the developed countries in the world with high nominal GDP, high life expectancy,…

Q: ._______ The government spends more than it receives.

A: Taxes are unintended fees placed on individuals or companies and levied by a government agency –…

Q: Why does the government ass excise taxes to certain products?

A: In a market, government intervenes in different ways by providing subsidies or imposing taxes.

Q: Name 2 aims of a government owned postal service.

A: A government's arrangements for the delivery of mail, packages, and magazines, as well as related…

Q: What are the fundamental principles of taxation?

A: Taxation means levying or imposition of particular amount of tax on individuals by the government in…

Q: Full form of GNI?

A: GNI stands for Gross National Income.

Q: how do i get most out of my taxes as a college student?

A: Taxes is the deductions made from the income earned by the person in lieu of attaining government…

Q: If taxes are a cost of doing business and are built into the price of goods and sevices, who…

A: Incidence of tax The incidence of tax refers to the extent to which the consumer or producer…

Q: Do tax deductions and tax credits create incentives for taxpayers?

A: Tax deduction refers to the high help in lowering the taxable income of most of the taxpayers. The…

Q: Is it fair to give farmers lower interest rates on loans because they are farmers?

A: Interest rates on loans affect the farmers directly. Higher the rate of interest more will be the…

Q: Where do most city and local taxes come from

A: The local taxes are the most crucial part of local government. Such taxes are then used for distinct…

Q: Discuss the measures that the UK government are taking to mitigate tax avoidance and tax evasion?

A: One sign of tax evasion is the amount of unreported income, which is the difference between the sum…

Q: What Are the Advantages and Disadvantages of Policies?

A: A policy is a system of principles being designed in order to guide decisions being made and achieve…

Q: Connor has a summer job which pays $1,589 for the entire summer. If 22% is taken out for federal…

A: “Since you have asked multiple question, we will solve the first question for you. If youwant any…

Q: Is it not all?

A: In economics, demand and supply are studied to see how they affect market conditions and prices.…

Q: who pays for government services?

A: The government of a country is responsible for carrying out various public services for well being…

Q: What is legal economy

A: A market where there is a one seller in the market is known as the monopoly. The seller of the…

Q: How Much Do Cigarette Taxes Reduce Smoking?

A: As demand of cigarette is inelastic, the producers can increase the price by greater units after the…

Q: Is TAX a burden or a blessing (beneficial) in the Philippines? Justify

A: Taxes are defined as mandatory charges which are levied on individuals or on a corporation by the…