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Which type of tax would the government use to redistribute money from the highest income earners to the lowest income earners?
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Which of these government programs is designed to redistribute income?
Social Security
Highest income of government is by?
Taxes
Australia's big three income earners are?
Australia's three big income earners are mining, agriculture and tourism.
Who has 7 figure income earners?
Primerica
Did the articles of confederation provide for the centerl government the power to tax the states?
*develop or protect certain industries *redistribute income * influence personal spending
A regressive tax will tend to redistribute income more?
equally
Who are low income earners?
90% of the earth's people.
What company has the most 50000 income earners?
PRIMERICA
What are top 5 companies for income earners?
UAE !!
Who pay most taxes rich or poor?
I'm afraid that you may not get the answer that you want with this question. The top 5% of earners in the United States pay over 95% of the taxes. The U.S. has a progressive tax rate system meaning that the more income you earn the higher your tax rate on your earnings will be and therefore, the more taxes you will pay. It all depends on what you call poor people but basically poor people pay no taxes in the United States as far as income tax goes. Our system is set up to redistribute wealth which means we tax higher earners and distribute the money to the lower income earners in the form of money and services.
How does inflation affect the balance of payments?
Inflation affects low income earners more than high income earners. This is because low income earners' income tends not to rise as quickly as prices, therefore, their purchasing power decreases. Also, low income earners do not have the skills to demand higher wages. It should be noted that high inflation generally leads to interest rate increases. This affects low income earners' cost of living and compounds the other affects of inflation. So, inflation decreases purchasing power of low income earners relative to high income earners, whose income increase as quick as inflation. Ultimately, income distribution becomes less equal.
Which compony has most six figure income earners?
Primerica is the name of the company that has the most six-figure earners.
