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How will the aging of America's population strain the government's ability?
The aging of America's population will strain the government's ability to pay social security benefits. That is why there are congressmen worried about the future of social security.
Which sense can be used to determine an object's ability to reflect light?
ARE YOU KIDDING ME?! *sigh* You use your sense of sight to determine an object's ability to reflect light because- pay close attention now-1. You cannot smell light2. You cannot feel light (though you can feel heat)3. You cannot hear light4. And, finally, you cannot taste light.Hope this helps. ☺
Is speed the same as rate?
speed=distance/time rate= distance/time so pretty much, yes
The period of time between paychecks is called the?
Pay period
How much is 1 nuke worth?
Whatever someone is willing to pay for it. A regular old baseball is worth a few dollars. One signed by Babe Ruth may fetch a few more dollars. Its ACTUAL worth is about the same as the plain baseball, but some people will pay a lot of money for one that is signed. How much they're willing to pay doesn't reflect its actual value. There are terrorist who would pay several million dollars for even a small yield weapon.
What are the two principles used to assess fairness of a tax?
Benefits principle and Ability to pay principle.
What is the benefits receive principle?
A taxation principle stating that taxes should be based on the benefits received. The benefit principle works from the proposition that those who receive the greatest benefits should pay the most taxes. The benefit principle is commonly used for near-public goods such as highways, libraries, college, and national parks. This is one of two taxation principles. The other is the ability-to-pay principle, which states taxes should be based on income or the ability to pay taxes.
Are the two principles of taxation the benefit principle and the ability-to-pay principle?
true
What are the two principles of taxation?
The two principles of taxation are benefit principle and the ability-to-pay principle.
Why are Americans taxed in proportion to their incomes?
The ability-to-pay principle of taxation states that people with higher incomes have a greater ability to pay taxes than people with lower incomes.
What is the justification of the progressive taxation method?
The idea that taxation should be based on the ability-to-pay principle
How would you describe a tax is assessed according to the benefits-received principle?
those who receive the benefits the tax provides are the people who pay the tax
How would you describe a tax that is assessed according to the benefits-received principle?
those who receive the benefits the tax provides are the people who pay the tax
How would you describe a tax that is assessed according to the benefits received principle?
those who receive the benefits the tax provides are the people who pay the tax
How would you describe a tax that is assesses according to the benefits-received principle?
those who receive the benefits the tax provides are the people who pay the tax
What are the basic principles of taxation?
Principles and Theories of Taxation 1. The Benefit Principle- This principle holds the individuals should be taxed in proportion to the benefits they receive from the governments and that taxes should be paid by those people who receive the direct benefit of the government programs and projects out of the taxes paid. 2. The Ability to Pay Principle- This principle holds that taxes should relate with the people's income or the ability to pay, that is, people with greater income or wealth and can afford to pay more taxes should be taxed at a higher rate than people with less wealth. An example is Individual income tax. 3. Taxation The Equal Distribution Principle- This principle states that income, wealth, and transaction should be taxed at a fixed percentage; that is, people who earn more and buy more should pay more taxes, but will not pay a higher rate of taxes.
Why are deductions taken off your paycheck?
To pay for benefits you receive and must contribute to, and to assure that things tha you will be responsible for (like taxes), you have the ability and diciplined savings to pay.
