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Nana76 [90]
2 years ago
5

If the united states government lowers the income taxes on the wealthiest americans, while decreasing welfare payments to the po

orest americans, the result will likely be in efficiency and in equality in the united states.
Business
1 answer:
svp [43]2 years ago
4 0

If the united states government lowers the income taxes on the wealthiest Americans, while decreasing welfare payments to the poorest Americans, the result will likely bean increase in efficiency and a decrease in equality in the United States.

<h3>What is meant by income taxes?</h3>

This is the term that is used to refer to the tax that the government would impose on people based on the income that they earn within the given jurisdiction where they stay.

Hence we can say that If the united states government lowers the income taxes on the wealthiest Americans, while decreasing welfare payments to the poorest Americans, the result will likely bean increase in efficiency and a decrease in equality in the United States.

Read more on income taxes here: brainly.com/question/26316390

#SPJ1

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Hope this helps :)

3 0
3 years ago
Suppose that there are three beachfront parcels of land available for sale in Asilomar and six people who would each like to pur
poizon [28]

Answer:

When the minimum price is 582,500, the forth parcel WILL not be sold because the willingness to pay is LESS and no one will purchase it from the seller for atleast the minimum price.

Explanation:

Bob 620,000

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Yvette 660,000

The people that will buy one of the three beachfront parcels are Bob, Sean and Yvette because they are the ones willing and has the ability to purchase the beachfront parcel of land available for sale in Asilomar.

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Therefore when the minimum price is 582,500, the forth parcel WILL not be sold because the willingness to pay is LESS and no one will purchase it from the seller for atleast the minimum price.

3 0
3 years ago
Why do courts permit fraud to disrupt genuine agreement in a contractual setting?
WARRIOR [948]
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3 0
3 years ago
During the preparation of the bank reconciliation for Building Concepts Co., Joel Kimmel, the assistant controller, discovered t
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Answer:

Joel is behaving in a totally unprofessional & unethical manner

Explanation:

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As such, when Joel discovered the cost discrepancy during the reconciliation, it was actually his responsibility to call the bank's attention to the variance. This is something that clearly falls under his job specification & can be considered as neglect of duty. Joel's decision defeats the very purpose of bank reconciliation, which is to correct any such discrepancy & to the ensure the rectification of transactions. Most importantly, the decision Joel plans to take is very unethical & is against standard accounting practices

We can therefore, say that Joel's decision is thoroughly unethical & unprofessional

5 0
3 years ago
Read 2 more answers
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Answer: See explanation

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8 0
2 years ago
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