The Four characteristics of a good tax are:
- <em>Equity:</em>:Taxes should be fair, and certain taxes should be given to taxpayers with similar characteristics.Could be on ability to pay. Example: Height tax is unfair.
- <em>Non-Distortionary:::</em>Taxes should not affect economic behavior.For example, they should not be so high that they discourage people from working.
- <em>Certainty::</em>People and firms should know when atax should be paid (and how much).<em> </em>Taxes should be stable, so that people and firms can plan their finances<em>.</em>
- <em>Convenience::</em>It must be simple and easy for people and firms to pay their taxes on a regular basis.<em> </em>For example, income taxes are collected by employers on a monthly basis from the salaries of the workers.
An effect of the discovery of the New World in the late fifteenth century was a global exchange of plant life as different plants were transported to America where they thriwed, but different plants were also transported back to Europe and thriwed there as well.
It instituted the headright system, giving fifty acres of land to each colonist who paid for his own or another's passage.
Answer:
In 1587, a group of 115 settlers from England arrived at Roanoke Island, which is off the coast of North Carolina. The governor of the colony, John White, decided to return to England that year to replenish supplies. However, a major war broke out in Europe, and White's return to Roanoke was delayed by three whole years.
Explanation:
