Business, 30.05.2020 04:57 minaricks

HAS TO BE A PARAGRAPH PLEASE
You have been put in charge of the taxation of the Mars colony. You need to decide how to tax the citizens of the colony. Will you institute a progressive, regressive, or a flat tax on income? Will you institute excise taxes? If yes, what goods and services will you tax and why? Will you institute sales taxes, property taxes, or VAT on goods?

Answers: 3

Show answers

Answers

In a case in which I am put in charge of the Mars Colony taxation, I would institute a progressive tax to charge more taxes on the people who earn more so they can provide more to the development of society. Also, I would set excise taxes because taxes should go in no-basic products to make sure people spend their money on basic products that would allow their development instead of their vices. Also, because those products put life on risk. So I would destine the money taxed on them to programs to provide healthcare strategies to the people affected by them. I would also put taxes on non-essential goods, on certain properties, like the ones above the average house price, and VAT to fund developmental programs.

Explanation:

All right, the explanation for this posture is the following. First, we need to understand that taxes are the contributions the citizens of a certain country make so that the country's government can fund its operations. After having this clear, I would suggest that VAT would be established to allow the government fund with enough resources its programs. Also, I would tax progressively instead of fixed income tax because there will always be a variance in people's income. Therefore, they have to be established progressively. To make sure the policy doesn't affect the ones who have less. Also, the excise tax is very essential because it can withstand the taxes on no-basic products, as well as to make the companies that sell excise products of the damage their products have on people.

Answer from: Quest

answer: i'd say the answer is d because the information system is the human already doing the activity.

Answer from: Quest

d, conspicuous consumption is when you try to increase your wealth or social status (and in the case he's trying to create the perception of wealth considering he can't really afford it)

Another question on Business

Business, 21.06.2019 22:50

The winston company estimates that the factory overhead for the following year will be $1,250,000. the company has decided that the basis for applying factory overhead should be machine hours, which is estimated to be 50,000 hours. the total machine hours for the year were 54,300. the actual factory overhead for the year were $1,375,000. determine the over- or underapplied amount for the year.

Answers: 1

Answer

Business, 22.06.2019 06:10

Amanda works as an industrial designer

Answers: 1

Answer

Business, 22.06.2019 08:30

What is the key to success in integrating both lethal and nonlethal activities during planning? including stakeholders once a comprehensive operational approach has been determined knowing the commander's decision making processes and "touch points" including stakeholders from the very beginning of the design and planning process including the liaison officers (lnos) in all the decision points?

Answers: 1

Answer

Business, 22.06.2019 14:50

The following information is needed to reconcile the cash balance for gourmet catering services. * a deposit of $5,600 is in transit. * outstanding checks total $1,000. * the book balance is $6,400 at february 28, 2019. * the bookkeeper recorded a $1,800 check as $17,200 in payment of the current month's rent. * the bank balance at february 28, 2019 was $17,410. * a deposit of $400 was credited by the bank for $4,000. * a customer's check for $3,300 was returned for nonsufficient funds. * the bank service charge is $90. what was the adjusted book balance?

Answers: 1

Answer

You know the right answer?

HAS TO BE A PARAGRAPH PLEASE
You have been put in charge of the taxation of the Mars colony. Y...

Questions