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When the government lowers the income tax to stimulate the economy it is an example of what kind of policy?
monetary policy
What are the four major objectives of state economic policy?
The major objectives of state economic policy will vary from state to state. Most state economic policy agendas will include; economic development, full employment and price stability, and distribution of income and wealth.
What is the importance of fiscal policy in education?
Fiscal refers to a specific part of government finances. Fiscal policy is about the specific details on taxation and spending. Education Services -in those areas where the government organize education -are a recipient of taxed incomes . It provides the income to operate
What is expansionary policies?
Expansionary fiscal policy is an increase in government spending or a reducing in net taxes which increase aggregate output/income (Y). +G or -T = +Y
Whiy is the US Dollar no longer a strong currency?
Mostly bad government policy. Also a large amount of spending on non-income producing goods, like military spending.
Is a Policy Loan taxable income?
No. Loans are never income
Which policy relates to this statement Some states do not have an individual income tax?
Fiscal Policy
When the government lowers the income tax to stimulate the economy it is an example of what kind of policy?
monetary policy
My friend is a recent widow and unemployed. Their was an insurance policy. Is the policy considered income and does the widow file married or single?
She can file either way in the year he died. Yes it is income.
What has the author Henryk Flakierski written?
Henryk Flakierski has written: 'Economic reform & income distribution' -- subject(s): Economic policy, Income distribution 'The economic system & income distribution in Yugoslavia' -- subject(s): Economic policy, Employee participation, Income distribution, Management
What type of policy is it when you decrease the income tax?
A good one
What are the classification of business policy?
people,income,liability and property.
Some states do not have an individual income tax.?
fiscal policy
If you take cash value from a whole life policy do you have to claim the money as income?
If you take a loan against the policy, the amount you receive is not considered taxable. However, if you later surrender (cash-in) the policy, the amount you received in the loan and in the surrender will then be considered taxable income.
In a recession what does the fiscal policy call the government to do?
decrease income tax
Do you get a 1099 if you take out a loan on a life insurance policy?
No. It is a loan, not income.
Is money inherited from a parent's life insurance policy taxable income?
Death benefits are not taxable for income tax purposes.
