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If you had taxation at a 95 percent level how much revenue would you generate?
Wiki User
∙ 11y ago
Having 95% as the top rate does not generate a lot of revenue. At one time in the United States the top rate was 96% starting at $100,000. One man was offered a job at a different company for $200,000 more than he was making which would have doubled his salary. He refused to move for $8,000 dollars a year, which is what he would have made after taxes. A large amount of people's incomes came as untaxed fringe benefits. When the government reduced the top tax rates, the top incomes rose and tax revenue actually increased.
When everyone pays a 95% tax rate, barter replaces money.
Wiki User
∙ 11y ago
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How does the cost sharing principle influence the level of taxation?
The cost sharing principle influences the level of taxation by replacing market prices with incurred costs.
Objective of taxation?
Raising revenue for the provision of public goods (e.g., maintenance of law and order, national defense)-Is there an "optimal" way for raising the net revenue (i.e., revenue collected less the costs of collection and enforcement) necessary to support a given level of public expenditure? The "optimum" should be defined taking into account other social objectives, e.g., public health, sustainability, and externalities
What to the colonist as a source of revenue because it wanted?
The colonist to have for revenue export, import and combination of and cash crops if for it had a full economic revenue money. If because wanted for money than to generate in the grow exponential decay of profits in the colonialism model to end. What the hell are you even asking? Learn to form a coherent sentence, you ignorant, asinine plebian. It's really not difficult, assuming you have a human level of intelligence.
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grants
A monopolist will set its production at a level where marginal cost is equal to?
A monopolist will set production at a level where marginal cost is equal to marginal revenue.
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Sales Tax is imposed by State and Local government. Sales tax provides around 11 percent of state tax revenue (on average).
A revenue variance is unfavorable if the actual revenue is less than what the revenue should have been for the actual level of activity for the period true or false?
TRUE
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A way to find the best level of output is to find the output level where marginal revenue is equal to marginal cost.
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the optimal level of advertising expenditure for the firm is determined where the marginal revenue increase in costs of advertising are equal to the marginal increase in revenue
What is intergovernmental revenue?
Funds that one level of government receives from another level of government.
What term refers to money that one level of government receives from another level?
intergovernmental revenue
Which term refers to mony that one level of government receives from another level?
intergovernmental revenue
