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I' m not sure how much this helps, but most tax systems are subject to a rule known as the 4 R's: Revenue, Redistribution, Repricing, Representation Revenue ( in order to gain funds for the various functions of government), Redistribution (Organising wealth evenly accrross the board, in an effort to stem class inequality and commonly undertaken through Proportianl taxation) , Repricing (as with levies on external trade items ie. tobacco and more recently carbon taxes) and Representation (the authority only has the power to implement taxes if they maintain accountablility and responsibility with the way it is spent, in other words "no taxation without representation"). This is a pretty strong principle of any sound tax system. Hope this is useful...
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∙ 15y ago
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Principles of a good tax system?
The principles of good tax system is that it is efficient, understandable and equitable. The benefit principle is also another principle of a good tax system.
What do you mean by sound tax system?
If something is "sound" it means that it is does not have any flaws or defects. Therefore a "sound" Tax system would be one that worked effectively.
How does the UK tax system different from the Sierra Leone tax system.?
briefly explain the tax system of Sierra Leone
How much tax do you pay for 559.96?
10% tax rate $56 sound right.
What are the three types of taxes?
Income Tax, Sales Tax (VAT), Wealth Tax
What are the basic principles of sound tax system?
Fair and square, It's all from people, and it comes to the people.
Principles of a good tax system?
The principles of good tax system is that it is efficient, understandable and equitable. The benefit principle is also another principle of a good tax system.
What do you mean by sound tax system?
If something is "sound" it means that it is does not have any flaws or defects. Therefore a "sound" Tax system would be one that worked effectively.
How much is a paramax p-150?
Found the projector with a screen and sound system for about $10,000 without tax.
What things does the government spend tax dollars on?
The three biggest are - roads, emergency services and the legal system !
How does the UK tax system different from the Sierra Leone tax system?
briefly explain the tax system of Sierra Leone
How does the UK tax system different from the Sierra Leone tax system.?
briefly explain the tax system of Sierra Leone
When a tax system is referred to as being neutral it implies that?
tax system is fair
What is proportional tax system?
The proportional tax system refers to the same percentage of tax regardless of the taxpayer's earnings. Proportional tax is also called as a flat tax.
What is Proportional System?
The proportional tax system refers to the same percentage of tax regardless of the taxpayer's earnings. Proportional tax is also called as a flat tax.
How much tax do you pay for 559.96?
10% tax rate $56 sound right.
How did the whiskey rebellion reflect a continuing edorsemt of revolutionary principles?
it was caused by the whiskey tax
