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Tom [10]
3 years ago
14

Suppose an economist argues that it would be fairer if everyone in society had to pay the same portion of their income in taxes

rather than pay taxes at different rates based on income levels. The idea about paying a flat amount in taxes on income is an example of which kind of tax?
Business
1 answer:
nata0808 [166]3 years ago
8 0

Answer:

Proportional Tax

Explanation:

A proportional tax imposes the same flat rate (in %) on income as payable tax.

Other types of taxes are Progressive and Regressive Tax. In progressive, the higher you earn, the higher tax you pay while in Regressive, the higher you earn, the lower income tax paid and vice versa.

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Kenny, Inc., is looking at setting up a new manufacturing plant in South Park. The company bought some land six years ago for $7
mojhsa [17]

Answer:

The proper cash flow amount to use as the initial investment in fixed assets when evaluating this project will be $32,280,000.

Explanation:

Proper year zero cash flow to use in evaluating this project = After-tax value of the land + Cost of manufacturing new plant + Grading Expenses

= $10,100,000 + $21,300,000 + $880,000

= $32,280,000

Therefore, The proper cash flow amount to use as the initial investment in fixed assets when evaluating this project will be $32,280,000.

NOTE :

- The after-tax value of the land of $10,100,000 should be considered since it is an opportunity cost of capital if the land is used rather than sold.

- The cash outlay of $21,300,000 for the plant cost and the $880,000 for the grading costs are the part of the initial investment in year 0.

6 0
3 years ago
Wall Street financial services firms and banks rewarded employees for developing "innovative" new financial investment vehicles
Nataly [62]

Answer:

Incentive plans

Explanation:

Incentive plans are strategies in which representatives of an association are kept persuaded for the work that they do, and are given motivators on coming to or achieving certain association objectives. The motivator plans can be for lower level workers, center administration and senior administration.  

It is the apparatus utilized by entrepreneurs to empower, perceive and reward uncommon execution in their workers.

6 0
3 years ago
The main difference between the short run and the long run is that
pav-90 [236]

The main difference between the short run and the long run is that " in the long run, all inputs are fixed "

Explanation:

Both inputs are variable in the long run while a total of one input is set in the short run.

For example, rent can be set short-term but long-termly differently.

The main difference between long-term and short-term expenses is that there are neither long-term fixed nor short-term influences.

In the long term, the overall price point, negotiated wages and aspirations are fully adapted to the state of the economy.

Depending on variable costs and the production volume, short-term costs are increasing or declining. If a company controls the short-term costs over time, then the expected long-term savings and goals are more likely to be accomplished.

7 0
3 years ago
The socially optimal quantity of pollution is:_________.
Svetradugi [14.3K]

Based on standard practices, the socially optimal quantity of pollution is "<u>the quantity whose marginal social cost equals the marginal social benefit."</u>

<h3>What is the socially optimal quantity?</h3>

The socially optimal quantity is the term used to describe output quantity that reveals equilibrium between the costs and benefits of social conditions.

Therefore when the quantity of pollution whose marginal social cost equals the marginal social benefit occurs, this is a socially optimal quantity of pollution.

Hence, in this case, it is concluded that the correct answer is the quantity whose marginal social cost equals the marginal social benefit.

Learn more about socially optimal quantity here: brainly.com/question/25017732

3 0
2 years ago
Which of the following statements about a company’s realized strategy is true? A company’s realized strategy is usually kept sec
Nookie1986 [14]

Answer: A company's realized strategy is typically a blend of deliberate and planned initiatives, and emergent and unplanned reactive strategy elements.

Explanation: In simple words, the strategy that is actually followed by an organisation is called its realized strategy. These strategies are the conclusion of the intended strategies that are made by the organisations from the beginning of the planning process.

Thus a realized strategy can be defined as a group of planned initiatives and strategies that are modified as per the situation.

7 0
3 years ago
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