Higher taxes is very unpopular and may result in losing the future elections.
Higher tax rate means decrease in the real income of the people. This will results in rising of the inflation as higher the tax rate the more will be the cost of production.
There will be many other consequences for the implication of higher tax rates such as people will not like that government anymore because very few people if comfortable in paying more taxes.
It will increase the gap between the rich and poor.
It may be possible that in future people will not prefer this government again for charging higher tax rates.
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What are the options but I would assume it depends on how young they are
Bread, gasoline, and newspapers are examples of convenience products. All of them are goods<span> (consumer item) that are widely available. Consumers purchase this kind of products frequently with minimal effort and with little planning. The convenience products are part of consumers routine. </span>
So let's set up an equation:
x-.4x=3000
, where x is the original price of the stock (which is what you want to find)
we subtract .4x since the .4x is denoting that 40% of the original price was taken away from the original value (x) which then equals 3000
So,
.6x=3000
x=3000/.6
x=5000
Answer:
Internal auditor
Explanation:
An internal auditor is a trained professional that has the responsibility of providing concise and precise evaluations on the financial and operational activities of an organization.
The job of an internal auditor involves the following:
1. review an organization's business processes.
2. evaluation and assessment of risk management procedures that are currently in place in the organization.
3. protect the organization and its finances against fraud and theft of the organization's assets.
From the above stated functions of an internal auditor, it can be seen in the question also that risk information can only be gotten from the internal auditor.