'Fair' is really subjective, anyone will have their own opionion.
But i think the best way to define fair is if the tax structure give the same amount of weight throughout all economic classes
If i can replace the federal income tax structure, i would just give a straight percentage of amount to all economic classes, without anyway to cut with 'tax deductible tricks', like 20 % of annual income to all classes of economy. I
Answer:
Markup %= (retail - wholesale) x 100/wholesale
Explanation:
Mark up is the difference between the selling price and the buying price. It represents profits that a business makes or desires to make from the sale of an item.
Mark-up is expressed as a percentage of the buying price. For my store, profits will be calculated by getting the difference between the wholesale price( buying price) and the selling price( retail price).
Mark will be = <u>retail price- wholesale price</u> x 100
wholesale price.
Answer:
the trustee view of representation
Explanation: