Business, 26.10.2019 04:43 001035783

When taxes are being considered, equity is usually a major component of the debate. the difficulty is equity typically deals with normative statements and efficiency deals with positive statements. which of the following statements about the equity and efficiency of taxes is a positive statement? a. creating taxes on a benefits-received principle is the most efficient way to tax, therefore any taxes created should be made utilizing this principle. b. progressive taxes, such as the us income tax, are better than sales taxes because richer people have to pay more than poorer people. c. a flat tax on income is the best tax system because it is neither regressive nor progressive, so everyone pays their fair share. d. progressive taxes, such as the us income tax, require the rate of taxes to increase as income of an individual or household increases.

Answers: 2

Show answers

Another question on Business

Business, 21.06.2019 21:10

Of the roles commonly found in the development, maintenance, and compliance efforts related to a policy and standards library, which of the following has the responsibilities of directing policies and procedures designed to protect information resources, identifying vulnerabilities, and developing a security awareness program?

Answers: 3

Answer

Business, 22.06.2019 08:00

Suppose the number of equipment sales and service contracts that a store sold during the last six (6) months for treadmills and exercise bikes was as follows: treadmill exercise bike total sold 185 123 service contracts 67 55 the store can only sell a service contract on a new piece of equipment. of the 185 treadmills sold, 67 included a service contract and 118 did not.

Answers: 1

Answer

Business, 22.06.2019 09:40

Henry crouch's law office has traditionally ordered ink refills 55 units at a time. the firm estimates that carrying cost is 35% of the $11 unit cost and that annual demand is about 240 units per year. the assumptions of the basic eoq model are thought to apply. for what value of ordering cost would its action be optimal? a) for what value of ordering cost would its action be optimal?

Answers: 2

Answer

Business, 22.06.2019 19:20

Although appealing to more refined tastes, art as a collectible has not always performed so profitably. during 2003, an auction house sold a sculpture at auction for a price of $10,211,500. unfortunately for the previous owner, he had purchased it in 2000 at a price of $12,177,500. what was his annual rate of return on this sculpture? (a negative answer should be indicated by a minus sign. do not round intermediate calculations and enter your answer as

Answers: 2

Answer

You know the right answer?

When taxes are being considered, equity is usually a major component of the debate. the difficulty i...

Questions