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What are the effects of tax on in com distribution?
There are two types of tax that is related to income equality: Regressive tax: The tax as a percentage of your income decrease as your income rises. Example includes VAT (Value Added Tax) where the burden of the tax falls more heavily onb the poor than to the rich. Therefore it increases the income inequality. Progressive tax: The tax as a percentage of your income increases as your income rises. Example includes income tax where as your income rises, the tax percentage increases. Therefore, it creates more income equality.
What type of tax strategy makes consumer pay higher tax rate as income increases?
A progressive tax strategy.
In which strategy the consumer pays a higher tax rate as income increases?
progressive tax [novanet]
Which of these increases the price of certain foreign-made goods?
An import tariff increases the sale price of foreign-made goods.
Explain why tax revenue changes when the economy goes into a recession?
Tax revenue changes when the economy goes into a recession. When there is a recession, the government increases tax revenue. The government does this because less people are spending money.
A tax in which the percentage increases as income increases?
A progressive tax.
Tax rate increases as the tax base increases?
Progressive A+
What tax rate increases as the tax base increases?
The progressive tax rate is one where the tax rate increases as the taxable rate, or income, is increasing.
With this tax as income increases the amount of income tax also increases.?
progressive
What is tax paid by customers?
sales tax
With this tax the tax rate decrease as the tax base increases?
A regressive tax is a tax imposed in such a manner that the tax rate decreases as the amount subject to taxation increases.
Which of the following issue is not affected by race or ethnicity?
Access to clean water is an issue that is not affected by race or ethnicity, as all individuals deserve and require access to clean water for their health and well-being regardless of their background.
Which statement most accurately describes a progressive tax?
The tax rate increases as income increases.
With this tax the tax rate decreases as the tax base increases?
Regressive
With this tax the tax rate decreases as the tax base increases.?
Regressive
What kind of tax is a federal tax?
Fed tax is a form of progressive(Tax by which the rate of tax increases as the taxable base amount increases ) and direc tax( a tax paid directly to the government by the persons on whom it is imposed).
What taxes are excluded from the calculation of EBIT?
Generally "taxes" is referring to income tax. Essentially, it is any tax a company pays but does not pass directly to its customers. Of course, all taxes are passed on but in the form of higher prices.
