answersLogoWhite

0

Taxes can disproportionately impact lower-income individuals and families, who may struggle to meet their basic needs due to a higher percentage of their income being taxed for essentials. Middle-class taxpayers often face a burden from stagnant wages and rising costs, leading to financial strain. Conversely, wealthier individuals may exploit loopholes, resulting in a relatively lower tax burden, which can exacerbate income inequality. Overall, an imbalanced tax system can hinder economic mobility and perpetuate social disparities.

User Avatar

AnswerBot

2mo ago

What else can I help you with?

Continue Learning about Accounting

What do you do if you see someone did something wrong?

Depends on what that "Something" is - if it is minor and didn't harm anyone it is Ok to for get about it, but if it is major and/or did harm to some one you need to report it (Anonymously if you like) to relevant authorities.


Do you keep a deceased tax return?

You know...why not? Can't do any harm...especially for say 7 years.


What are the different liability titles?

Liability titles typically refer to various categories of legal responsibility that individuals or entities may hold. Common types include tort liability, which arises from civil wrongs causing harm to others; contractual liability, stemming from breaches of agreements; and statutory liability, resulting from violations of specific laws or regulations. Additionally, product liability pertains to the responsibility of manufacturers and sellers for defective products that cause injury or damage. Each type outlines different legal consequences and defenses available under the law.


Does closing a credit card account which was always paid on time harm your credit score?

Strangely enough, yes it does negatively but temporarily affect ones credit score.


What is slanderous statement?

A slanderous statement is a false spoken assertion that damages someone's reputation. It involves making harmful claims about an individual that are not based on fact, leading to potential harm to their personal or professional life. To qualify as slander, the statement must be made to a third party and typically needs to show that the speaker acted with negligence or intent to harm. Legal action can be pursued if the statement meets specific criteria for defamation.

Related Questions

Does my government harm me in any way?

Yes they make you pay taxes


How did colonial powers harm their colonies?

Keeping wages low and taxes to high


Can a chiropractor disable a patient?

Although it is extremely rare, accidents do happen. Chiropractic is extremely safe when a controlled force is applied to a joint that retains it's structural integrity. Chiropractors adjust segments that are hypomobile, segements that have lost a normal degree of motion, and are stable. Whereas segments that are hypermobile have an increased degree of motion and may be unstable due to lost structural support. These segments should not be manipulated. Chiropractors determine the segments to adjust and the ones not to by various techniques along with diagnostic imaging to rule out any underlying pathologies and instability. Sometimes hypermobile segments go undetected and could cause harm, but this is extremely rare and unfortunate when it does occur. Even adjusting a hypermobile segment does not guarantee harm, it all depends on individual circumstances. The benefits received from chiropractic outweighs any risk of harm, and should not be feared if you have a thorough chiropractor.


How do praying mantis help the environment?

They keep the insect count low and kill insects that harm plants


What is the harm cause of tiger?

The cause of the tigers harm is because their losing a lot of their habitat and people are killing them which is decreasing their population.


How do competition can limit population size?

They kill and harm eachother, thus decreasing population. Hope that helps :)


Where did the black death mostly harm?

Europe And Russia--particularly in places of dense population.


What does overfishing harm in Indonesia?

the population of fish, as well as the people who make a living off of fishing.


What is the best slogan on world population day?

Live simple, Love always, Harm nothing. "You cannot control your own population by force, but it can be distracted by consumption."


How do you know if your kittenhasworms?

He'll be eating lots but not gaining weight. You can sometimes see the segments in his stools, and look round his bum - often you can see them. If in doubt, give him a worm pill - it won't do any harm even if he doesn't have them


What are the different injuries and diseases that can harm the skeletal and muscular system?

ogag epep


What are there the long term and short term effects of over hunting ?

serious reduction of species population or harm to wildlife