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gavmur [86]
2 years ago
5

Excise taxes on tobacco and alcohol and state sales taxes are often criticized for being regressive. Although everyone pays the

same rate regardless of income, why might this be so
Business
1 answer:
Papessa [141]2 years ago
5 0

Excise taxes on tobacco and alcohol and state sales taxes are often criticized for being regressive. Although everyone pays the same rate regardless of income, this might be so because low-income individuals are more prone than high-income individuals to purchase alcohol, tobacco, and gasoline.

<h3>What are Excise taxes?</h3>
  • Any duty on produced items that are assessed at the time of manufacture rather than the time of sale is known as an excise or excise tax.
  • Excises and customs duties are frequently used interchangeably, although customs taxes are imposed on already-existing products when they cross a defined border in one direction, whereas excise is imposed on goods that were created inland.
  • State sales taxes and excise taxes on alcohol and cigarettes are frequently criticized for being regressive.
  • Despite the fact that everyone pays the same rate regardless of income, this may be the case because people with low incomes are more likely than those with higher incomes to buy alcohol, cigarettes, and fuel.

To learn more about Excise taxes refer to:

brainly.com/question/22358769

#SPJ4

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a. the call price would decrease.

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Thus, we may likely expect the call price to decrease as a result of the sudden announcement.

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A representative of the pear company explains that pears are typically stored in small, tightly sealed storage bins just after h
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Workers at a company that grows and sells fresh pears have noticed that the pears seem to mature slowly at first, but then abruptly show extraordinarily quick ripening.

<h3>Explains that pears are typically stored in small, tightly sealed storage bins just after harvesting?</h3>

"Your pears are under positive feedback control," says Team A. Ethylene accelerates the ripening of fruit by causing both its own production in fruit and the creation of enzymes that catalyze the breaking of cell walls, claims Team B. Both scientific teams presented claims that aid in explaining the acceleration of pear ripening in storage that has been noticed. Because of increased ethylene levels, which indicate increased cell-wall breaking as part of the ripening process, the pears are beginning to ripen.  Since there isn't much ethylene at first, ripening starts out slowly, but as time goes on, more and more ethylene is produced thanks to positive feedback regulation.

  • Employees of a business that grows and sells fresh pears have observed that the pears initially appear to mature slowly before suddenly showing an abnormally rapid ripening. This has the company concerned. Officials from the company, perplexed, ask two separate science teams to investigate the issue.
  • This implies that ethylene concentrations increase very quickly, which causes ripening to increase similarly quickly.
  • The pear company's representative says that soon after harvesting, pears are normally kept in little, tightly closed storage bins. He inquires as to whether the ripening procedure would alter if the same quantity of pears were kept in a space that was larger and had better ventilation.

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5 0
2 years ago
Eric wants to start a business. he is attracted to the idea of being his own boss, and wants to get started with a minimum of ex
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A.True, because he will not have the expense of having to pay employees
6 0
3 years ago
Carmen Co. can further process Product J to produce Product D. Product J is currently selling for $20 per pound and costs $15.75
Nadya [2.5K]

Answer:

$18

Explanation:

In this question, we are asked to calculate the differential revenue of producing product D

The term differential revenue can be defined as the sales difference that results from taking two different action courses. It looks at two different responses to a particular situation.

Mathematically;

differential cost of producing Product D

= Cost of Product (J + D) - Cost of Product J

($15.75 + $8.55) - $15.75 = $8.55 is the additional cost of producing Product D

Diffrential revenue for Product D

Revenue (D) - Revenue (J)

$38 - $20 = $18

7 0
3 years ago
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