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The term "deadweight loss of taxation" refers to the negative manner that better defines the wedge a tax places between buyers & sellers. In this particular situation the "dead weight loss" reduces the product or quantity exchanged. The tax increases the "wealth" of the government and reduces the welfare of both buyer & seller. Taken in its totality it's a dead weight loss because all three parties to the exchange are reduced because the cost of the tax exceeds the revenue raised by the government.
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∙ 10y ago
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What does the term taxation without representation mean?
The British were taxing the Americans without them OKing it so taxation means taxing and representation means agreement
What does term weight mean?
how heavy it is most common
WHAT term does fiscal policy refer to?
taxation
What do you mean by units of measuring weight?
I don't mean anything because I never used the term "units of measuring weight."
What is the term dead man referring to when used in construction Is it like some form of weight or anchor?
It is a dead weight (concrete or steel) landed on the seabed which is used to initiate a pipeline or umbilical. It is named "Dead Man" because it doesn't move!
Tax bracket is a term associated with which type of taxation?
progressive
What does airy mean?
The term airy means light weight, ventilated, or even well lit. Other times the term can mean someone who is carefree.
What term was ginen to the unfair taxing of the colonist?
Taxation without representation
Situs of taxation?
Situs - a term used in taxation that can be generally defined as the location of where the taxable event occured. Especially important in State taxation here many states may want to tax a transaction.
What does dead tango mean in reference to the US Army?
It is a sniper term that means "dead target." Tango is the military alphabet for the letter "T."
Is it bear weight or bare weight?
'Bear weight' would mean 'to carry'. 'Bare weight' would mean 'reveal your weight' or 'your weight without clothing'.
What does the term TW mean?
The term TW in relation to the diamond industry means "total weight." For example, a pair of diamond stud earrings the each weigh 1.00 carat would weight 2.00 carats tw (total weight).
