Maldistribution of income refers to the unequal distribution of income among individuals or groups within a society, where a small percentage of the population holds a large share of the total income while a significant portion earns much less. This disparity can lead to social and economic inequalities, limiting access to resources, opportunities, and services for those at the lower end of the income spectrum. Factors contributing to income maldistribution include differences in education, employment opportunities, and systemic issues such as discrimination and economic policies. Addressing income maldistribution is crucial for promoting social equity and economic stability.
Revenue is income that is basically income such as, income, income and more income. Do You Understand ?!
Before tax income is gross income less allowable deductions and rebates = assessable income. After tax income is assessable income less the applicable income tax
Income tax IS based on your income that is why it is called INCOME tax.
Gross income is the raw income earned while net income is after deductions of interest taxes while taxable income is that income on which tax is calculated.
Income which is generated by normal business basic operating activities is called net operating income while other income then operating income is called non operating income like interest income or dividend income etc.
The maldistribution of wealth and income refers to the unequal allocation of financial resources among individuals or groups within a society. This disparity can lead to significant social and economic inequalities, where a small percentage of the population controls a large portion of resources, while others struggle with poverty and limited access to opportunities. Such imbalances can hinder economic growth, exacerbate social tensions, and limit social mobility. Addressing this issue often involves policy interventions aimed at promoting fairer distribution practices.
Maldistribution of purchasing power refers to the unequal distribution of income and wealth within a society, leading to significant disparities in the ability of individuals or groups to buy goods and services. This imbalance can result in certain segments of the population having excessive financial resources while others struggle to meet basic needs. Consequently, it can hinder overall economic growth and social stability, as lower purchasing power can limit demand for products and services. Addressing maldistribution often requires policy interventions aimed at promoting equity and improving access to economic opportunities.
Ease discontent caused by a maldistribution of land and an increase in poverty. (:
D. ease discontent cause by a maldistribution of land and an increase in poverty.
Revenue is income that is basically income such as, income, income and more income. Do You Understand ?!
National income- total income of the country Per capita income- average income of the country
Before tax income is gross income less allowable deductions and rebates = assessable income. After tax income is assessable income less the applicable income tax
the income is income
Income tax IS based on your income that is why it is called INCOME tax.
Gross income is the raw income earned while net income is after deductions of interest taxes while taxable income is that income on which tax is calculated.
Income which is generated by normal business basic operating activities is called net operating income while other income then operating income is called non operating income like interest income or dividend income etc.
No, income tax and taxable income are not the same thing. Taxable income is the amount of income that is subject to taxation, while income tax is the actual tax that is calculated and paid on that taxable income.