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Cloud [144]
3 years ago
5

True or False: As a result of this tax reform, consumer debt increased and home equity debt decreased.

Social Studies
1 answer:
OlgaM077 [116]3 years ago
4 0

Answer:

False

Explanation:

TAX: tax is a compulsory fnancial levy either direct or indirect imposed upon a taxpayer by the government. There are three types of taxes and the three types of taxes are the; proportional tax, the progressive tax, and the regressive tax. Taxes are used to raise revenue for government expenditures,

A proportional tax; regardless of the income, the same percentage of taxation will be on everyone.

TAX REFORM: tax reform is the process of changing the way taxes are collected by the government.

The tax reform made in 1986 was made in order to DECREASE CONSUMER DEBT and INCREASE HOME EQUITY DEBT and not the way round.

Because of the reform, citizens financed their spendings through home equity.

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Demographics include elements such as one's cultural norms, beliefs, values, and lifestyle. True False
dybincka [34]

It is false that demographic include elements such as cultural norms, beliefs, values, lifestyle etc.

Basically, demography refers to the study of demographics.

  • Demographics refers to study of a population based age, race, sex, education, income, employment etc

  • Demographics are important because its helps to understand the characteristics of the target population.

Therefore, It is false that demographic include elements such as cultural norms, beliefs, values, lifestyle etc.

Read more about demographic:

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3 years ago
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NISA [10]
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3 years ago
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lidiya [134]

Answer:

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Explanation:

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2 years ago
!!! Will Mark Brainliest !!! (25 points) Please help, it's an overdue assignment and I have no idea what I'm doing (': Different
kotykmax [81]

A: The first one is inherent powers. The Post Office is mentioned in Article 1 Section 8 and is the 7th clause down right in the constitution. It is a right given to the Federal Government to set up Post Offices.

B: The second one also comes from Article 1 Section 8. It is called the Elastic Clause and it allows the Federal Government to to add laws so it can carry out its duties. It is the last clause of Article 1 section 8. Things like highways and borders come under this clause. The answer is  4. Implied Powers.

C: Actually C is granted by the Constitution. Defense must be given to some governing body. This too is Article 1 Section 8. It is in the very first clause. Since it is in the constitution, the right is inherent. Two answers that are the same makes me very nervous, but when something is in the constitution there is no choice but to pick it as an inherent right.

D: Both state and federal governments can tax. These are concurrent powers.

E: The constitution prohibits any law that would show bias or support to an established religion. It is a denied power. This is straight out of Amendment 1.

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