Where do most city and local taxes come from

Q: What is the difference between evading and avoiding a tax obligation?

A: Tax evasion is a criminal offence in which a person or company knowingly avoids paying their true…

Q: What is multiple tax system? Write its merits and demerits

A: Taxes are defined as compulsory charges levied by the government on teh citizens.  These taxes…

Q: What happens to a country's economy if there is a high tax for the company that earns more in that…

A: Taxes are the mandatory payments that has to he made to the government.

Q: 10

A: It is aprogressive tax because of federal system.

Q: What are the three distinct terms to describe taxes?

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

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: 17. To which of the following government programs would a single, cross-country truck driver with no…

A: We will answer the first question since the exact one was not specified. Please submit a new…

Q: Explain three different types of taxes imposed in the United States including the reason for its…

A: Following are the three types of tax imposed in the United States: Progressive Regressive…

Q: What are the Average Tax Rates?

A: Average Tax rate is the sum of total taxes paid divided by total taxable income. Under the…

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: 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: How can the government improve tax collections without imposing much tax to the consumer?

A: When a taxing body, typically a government, levies or imposes a financial responsibility on its…

Q: How much will be the government revenue?

A: Introduction We have given demand and supply function of product M.  Diagram: The shaded portion is…

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: 2. Excise tax is a part of

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

Q: What is merits and demerits of direct tax?

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

Q: Diffrentiate between direct tax and indirect tax

A: Tax is compulsory payments which is made to government, There is no direct quid pro quo. or taxpayer…

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: What are the four major types of taxes in India?

A: There are four major types of taxes in India.

Q: What are Corporate Taxes?

A: Taxes are the compulsory payments made by the individuals or firms to the central government. They…

Q: On what basis are taxes levied?

A: On the basis of levying of taxes, they can be classified into 3 categories:   Proportional Tax:…

Q: What are the classifications of taxes? Describe each briefly.

A: Taxes can be classified under three types. Direct and Indirect tax Ad-valorem and specific tax…

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: what the meaning of tax?

A: Tax is a compulsory contribution to the state's revenue that is levied by the government of each…

Q: B) What are the main pros and cons of using taxes as a way to reduce tobacco consumption? Support…

A: A sin tax is a levy on goods or services that are deemed damaging or expensive to society. Tobacco,…

Q: Is digital taxation feasible in Africa?

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

Q: Discuss how a government might use taxation to affect the distribution of income

A: In an economy, the inequality of income distribution can be explained by the situation when a richer…

Q: What is progressive tax

A: A tax based on the ability of the taxpayer to pay is called a progressive tax. It is a system of…

Q: What determines whether the buyer or seller pays the bulk of the tax?

A: The incidence of tax depends on the relative price elasticity of demand and supply.

Q: Why do producers have more interest in government regulations than consumers do?

A: Government regulations are those laws and rules which are used for placing limitations on businesses…

Q: 29. Jill is 16 years old and worked at her local grocery store over the summer earning $5,600. Is…

A: Deductions from a person's income by the government happen under "taxation", which is dependent on…

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: talk in detailed about more than 4 importance of taxation

A: Residents are taxed concerning their financial conditions, in this way reassuring social and…

Q: Define income tax.

A: A tax is a compulsory payment to the government. It is a source of revenue receipts for the public…

Q: explain why taxation is considered as the lifeblood of the state

A: Taxation: It is a compulsory charge which is being levied on the individuals or groups by the state…

Q: What is the subject of Corporate Tax? Who has to pay corporate tax? Please provide detailed…

A: Corporate tax is a form of tax that applies to all businesses. It is a tax levied on a company's…

Q: An accountant wants to find the average amount of taxes owed under the new tax laws.  She plans to…

A: If the researcher just observed and measured the study characteristics without doing any…

Q: List and discuss three policies that could be used to increase recycling rates.

A: Answer -

Q: Why is the burden of a tax to taxpayers greater thanthe revenue received by the government?

A: Tax Burden is a proportion of the taxation rate forced by government. It incorporates direct…

Q: Paying a tax on gasoline when filling up your car is an example of a (A Income tax B Property tax…

A: The markets are considered to be the place where the interaction between the buyers, and sellers…