Question: Which of the following is an example of a regressive tax? a) Value-added tax (VAT) b) Progressive income tax c) Corporate income tax d) Property 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.

Q: The property tax is very popular because it is fairly assigned. it is very regressive. of the…

A: A tax levied on the value of the real estate or immovable property, such as land, buildings, and…

Q: What is the gross profit? none of the choices How much is the operating expense? [ Select] How much…

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Q: Value added tax is part of direct taxes True False

A: A tax is a charge or duty that is required by a government agency on residents, companies, or…

Q: Customer: "If I purchase this product for $79.99 and two accessories for $9.99 and $7.00, how much…

A: A purchaser purchases one item for $79.99 and two accessories for $9.99 and $7.0.. The total cost of…

Q: Carissa buys a pair of shoes that was priced $600. There is a 9% sales tax in her state.…

A: In the given question:Price of pair of shoes is $600Sales tax in her state is 9%Discount is 35%We…

Q: Suppose the figure to the right represents the market for cotton. To help reduce debt, the…

A: This can be described as a concept that shows the contribution of an individual, organisation or any…

Q: Tax is a type of revenue receipts True/False

A: The receipt which donot reduce any type of assets nor it creates liability for the government.

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: main revenue sources for state and local governments are ____________. Group of answer choices…

A: In GDP, consumption is the biggest component accounting to 60-70% of GDP. The consumption  provides…

Q: Which statement accurately describes the correct tax treatment. a. The percentage of bad and…

A: The term "tax treatment" describes how a certain thing, transaction, or expense is handled when it…

Q: Given the following graph, calculate the government tax revenue.

A: The imposition of tax on a product increases the production cost of that product. An increase in the…

Q: Assuming a 6% sales tax is levied on all consumption, complete the following table, answers (a)…

A: Tax revenue is the major source of revenue for the government which helps the government in…

Q: Use the demand and supply curves below to answer the following question:   Demand: P= 20-Q…

A: Demand curve: A demand curve is a graphical representation of the relationship between the price of…

Q: РА Ps PB Pe PD PE A+B+F D ALK B C C+D+G D E J G QF QH I Using the figure above, CS pre-tax would…

A: The demand curve represents the quantity demanded by consumers at different price levels. The supply…

Q: Personal income tax rates in South Africa, 2015/16 Taxable income Tax Payable Rand 0-181 900 18% of…

A: Income tax is the tax that the government imposed on the public as a direct tax. Income does not…

Q: In which year the concept of Multidimensional Poverty Index was introduced? (A) 2010 (B) 2011…

A: The Multi-layered Neediness Record (MPI) was presented in 2010. This record, created by the Oxford…

Q: The Obama administration increased the tax on the top income tax bracket from 35% to 39%. Supply and…

A: Equilibrium is a steady state of balance of affairs where market adjustment occurs. Pricing is…

Q: It is a scheme to collect taxes on businesses and industries based on the amount of fossil fuels…

A: A kind of pollution tax that is imposed on businesses and individuals to burn carbon-based fuels…

Q: Price (P) S2 (after tax) S, (before tax) Тах $35 $30 $25 $20 D 90 100 Quantity (Q) e diagram above…

A: Answer: option d ($10) Explanation: The S2 has shifted up by $10 at each quantity. So the tax amount…

Q: "Fine-tuning" the economy (a) Has worked to keep the economy stable ever since we discovered…

A: We know that Keynes was against the classical and their ideology. They support government…

Q: Based on the illustration what is the dollar amount of the revenues collect by government after the…

A: Government revenue or national revenue refers to the money received by a govt. from taxes as well as…

Q: Suppose the fictional country of Yellowstone produces two types of goods: agricultural and capital.…

A: It can be defined as the representation in a graphical form that shows the combination of two goods…

Q: The U.S. income tax is an example of a tax. Select one: a. constant b. progressive C. proportional…

A: A progressive tax system is such in which taxes increase in greater proportions as income increases.…

Q: 8. Which of the following is a government expenditure not purchase? The income tax The property tax…

A: Government expenditure refers to the money spent by the government to provide goods and services, as…

Q: A company purchased new mining equipment in year 2018 by paying $400,000 cash. The company plans to…

A: 1. Depreciation for Year  Original cost of the equipment: $400,000MACRS-GDS depreciation rate for…

Q: 3. What is the major tax break for homeowners? Why does the tax benefit increase with income?

A: 3) A tax break is a type of tax benefit or a tax concession provided by the government to encourage…

Q: Read the following statement and answer questions 9 and 10: "Earlier this year, the South African…

A: This can be described as the central authority of the banking system of that particular nation. The…

Q: Complete the first row of the following table by entering the price paid by consumers, the price…

A: Tax is a compulsory payment levied on the consumers or the producers by the government.

Q: (d) Demand and Supply equation after-tax. Demand equation Supply equation (e) Buyer's price…

A: A tax imposed on the quantity sold is a type of indirect tax that is levied on the quantity of a…

Q: Assume personal income was $30 million last year. Personal outlays were $20 million and personal…

A: Disposable personal income (DPI) is the total amount of income that individuals have available to…

Q: The effects of climate related risks on insurance companies.  - Identify the climate related risks…

A: The objective of this question is to identify the climate-related risks that may affect insurance…

Q: The refers to times when the federal government spends more than it's revenue in a given year, the…

A: The term federal government designates the main body in charge of managing and supervising national…

Q: Income Quintile Before-Tax Share After-Tax Share Highest 52 8% 49.5% Second-Highest 20.6% 21.2%…

A: Given values: The income share of Highest (top quantile) before tax = 52.8%The income share of…

Q: Excess burden is largest with lump-sum taxes. O unit taxes. O no taxes.

A: The loss or gain of welfare, which an individual bear due to increase in tax is referred to be as…

Q: Suppose that GDP for each country in the table to the right doubled. Complete the following table.…

A: Given,Countryof World SpendingGDP ($ trillion)A404B404C101D101Value of Exports ($…

Q: 4 The discovery of oil and its subsequent production in Ghana in December 2010 gave citizens hope…

A: A fiscal regime is a set of instruments or tools such as taxes, royalties, and dividends  that…

Q: c) All governments have the purposes of establishing laws, providing order and security, protecting…

A: As different products are manufactured, cost is initiated and process of business follow ups.…

Q: A Government Organization purchase furniture from ABC Organization of worth 10,0000,in this case who…

A: Taxes will be imposed on the sale and purchase of any goods and services in the economy,…

Q: Under which type of taxation do you pay a higher percentage the more money you make? A Progressive B…

A: Taxation refers to the process through which a government or taxation body imposes or levies a tax…

Q: Situational Analysis: Would the following factors increase or decrease the ability of domestic oil…

A: On a global scale, supply and demand determine crude oil prices.

Q: Which is deductible against gross income? * Imputed interest expense Advances to the profit sharing…

A: When talking about deductibles, it is the amount of money that can be kept aside before taxation.

Q: P = -40a +50 P = 40, +10 solve 4th part plzz A tax of 8JD is imposed on every unit sold Answer the…

A: The impact of the tax on the supply-demand equilibrium is to push the quantity toward a position…

Q: Question 7 The C.P.I. INCLUDES which of the following? O a. Soldier uniforms, Congressional…

A: When talking about consumer price index, the term itself depicts the measurement of inflation using…

Q: - An experimenter conducted a two-tailed hypothesis test on a set of data experimenter had conducted…

A: The one-tail P value is half the two-tail P value. The two-tail P value is twice the one-tail P…

Q: (a) “Anticipated technological improvements will reduce the size of bequests that parents leave to…

A: Since you have asked a multipart question and according to our policy we can only solve the first 3…