Is using a lottery for state revenue regressive or progressive?
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Is using a lottery for state revenue regressive or progressive?
Homework Answers
This is an example of a regressive tax. In the regressive tax, the rate of tax increases with a decrease in income. So, in regressive tax, lower income people face a higher tax rate. A lottery is purchased more commonly by low-income people. So, using a lottery for state revenue effectively work as a regressive tax.
Property taxes are also fairly regressive. What are some regressive features of property taxes? Some progressive...
Property taxes are also fairly regressive. What are some regressive features of property taxes? Some progressive features?
Explain how you would determine whether a tax schedule is progressive or regressive?
Explain how you would determine whether a tax schedule is progressive or regressive?
What is the difference between a progressive versus regressive tax. Give examples of both?
What is the difference between a progressive versus regressive tax. Give examples of both?
Identify whether the scenarios below are examples of regressive or progressive taxes. A sales tax on...
Identify whether the scenarios below are examples of regressive or progressive taxes. A sales tax on food and clothing. An additional sales tax on cars bought for over $50,000. A flat rate income tax of 20%, with no additional tax being paid on earnings above $1,000,000. An income tax system using tax brackets, where the percentage tax rate increases with income. A fixed poll tax on citizens and residents.
Explain how built-in (or automatic) stabilizers work. What are the differences between proportional, progressive, and regressive...
Explain how built-in (or automatic) stabilizers work. What are the differences between proportional, progressive, and regressive tax systems as they relate to an economy’s built-in stability?
Explain how built-in (or automatic) stabilizers work. What are the differences between proportional, progressive, and regressive...
Explain how built-in (or automatic) stabilizers work. What are the differences between proportional, progressive, and regressive tax systems as they relate to an economy's built-in stability? Essay Toolbar navigation В І s 를 들 A A
What is the difference between a progressive tax and a regressive tax? Give an example of...
What is the difference between a progressive tax and a regressive tax? Give an example of each. percentage of their incomes in tax than do people with higher incomes, and a regressive tax is a tax for A progressive tax a tax for which people with lower incomes pay a which people with lower incomes pay a percentage of their incomes in tax than do people with higher incomes. higher lower Assume the market for labor is initially in equilibrium....
thank you guys The Social Security Tax is Progressive Regressive Flat Flat to a limit, then...
thank you guys
The Social Security Tax is Progressive Regressive Flat Flat to a limit, then regressive Question 10 (5 points) Although C comprises about 68% of GDP, why is not the "drivers of the business cycle? OC is stable over time OC fluctuates too much to be accurate OC tends to decline in expansion phases O C is unreliable Question 11 (5 points) Why does Federal Government spending stimulate the economy in recessions? The spending fools people into spending...
please help!! Is the sales tax progressive, regressive or flat with respect to income? 5.4 Calculate...
please help!!
Is the sales tax progressive, regressive or flat with respect to income? 5.4 Calculate the total Consumer Surplus for the following. The following data reveals how much each consumer is willing to pay for an Alaskan cruise: Amy $9003 Edwin $2,000 Bob $1,000 George $1,300 Carol $1,500 Henry $1,800 Edwardo $4002 Irving $1,500 Raymond $1,2005 Joseph $300 Draw the market demand curve for each of these 10 consumers. If the cruise costs $1,000 how many passengers will there...
6. Federal Income Tax in the US in general are: Regressive tax system Flat tax...
6. Federal Income Tax in the US in general are: Regressive tax system Flat tax system Progressive tax system Proportional tax system
Identify whether the scenarios below are examples of regressive or progressive taxes. A sales tax on food and clothing. An additional sales tax on cars bought for over $50,000. A flat rate income tax of 20%, with no additional tax being paid on earnings above $1,000,000. An income tax system using tax brackets, where the percentage tax rate increases with income. A fixed poll tax on citizens and residents.
Explain how built-in (or automatic) stabilizers work. What are the differences between proportional, progressive, and regressive tax systems as they relate to an economy's built-in stability? Essay Toolbar navigation В І s 를 들 A A
What is the difference between a progressive tax and a regressive tax? Give an example of each. percentage of their incomes in tax than do people with higher incomes, and a regressive tax is a tax for A progressive tax a tax for which people with lower incomes pay a which people with lower incomes pay a percentage of their incomes in tax than do people with higher incomes. higher lower Assume the market for labor is initially in equilibrium....
thank you guys
The Social Security Tax is Progressive Regressive Flat Flat to a limit, then regressive Question 10 (5 points) Although C comprises about 68% of GDP, why is not the "drivers of the business cycle? OC is stable over time OC fluctuates too much to be accurate OC tends to decline in expansion phases O C is unreliable Question 11 (5 points) Why does Federal Government spending stimulate the economy in recessions? The spending fools people into spending...
please help!!
Is the sales tax progressive, regressive or flat with respect to income? 5.4 Calculate the total Consumer Surplus for the following. The following data reveals how much each consumer is willing to pay for an Alaskan cruise: Amy $9003 Edwin $2,000 Bob $1,000 George $1,300 Carol $1,500 Henry $1,800 Edwardo $4002 Irving $1,500 Raymond $1,2005 Joseph $300 Draw the market demand curve for each of these 10 consumers. If the cruise costs $1,000 how many passengers will there...
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