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Alchen [17]
3 years ago
10

Which of the following statements is correct? a. Vertical equity is the idea that taxpayers with similar abilities to pay taxes

should pay the same amount. b. Horizontal equity is the idea that taxes should be levied on a person according to how well that person can shoulder the burden. c. A regressive tax would mean that high-income tax payers pay a larger fraction of their income in taxes than would low-income taxpayers. d. A proportional tax would mean that high-income and low-income taxpayers pay the same fraction of income in taxes
Business
1 answer:
Rudiy273 years ago
3 0

Answer: Option (D)

Explanation:

Vertical equity  is referred to as or known as the notion that the taxpayers that have the greater ability to pay the taxes should pay the larger amounts.

Whereas on the other hand the horizontal equity  refers to the idea under which the taxpayers that have the similar abilities in accordance with paying taxes should pay same.

Regressive tax  is known as or described as the tax under which the high-income earner pay the smaller fraction of income as tax than the other low income earners.

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Worth 20 points:)
dexar [7]

The act that created a “pay-as-you-go” system that requires Congress to raise enough revenue to cover increases in direct spending

B. the 1990 Budget Enforcement Act

Question2 Every hour, the federal government spends about

B. $250 thousand

Explanation:

The act came as a response to the impending recession the western markets in the 1990 fiscal year which was to hit USA particularly hard. This came as a result of and in contrast with many conservative measures taken by the President George W Bush Sr up until that point.

The president had been saying till then that  the opposition and the population could read his lips that there will not be new taxes.

It did happen though as this law allowed the government to increase taxation rates to cover governmental spending.

4 0
3 years ago
Read 2 more answers
When you purchase an item in a store you may be charged
labwork [276]
Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions.
When you purchase an item in a store you may be charged by Sales tax. It is <span>a tax on sales or on the receipts from sales.</span>
6 0
2 years ago
47:49
rusak2 [61]
The correct answer is
8 0
3 years ago
Which of the following statements about employer prejudice is true?
Andrews [41]

Answer:

D. It would be impossible for employer prejudice to exist in a firm that sells its output in a competitive market unless all rivals also discriminate.

Explanation:

In a competitive market , efficiency of employee is the only factor that is taken into account to meet the challenges of the market . The employer can not afford the cost of being prejudiced against a staff because it only has deleterious effect on the morale of the employee. So in a competitive market ,there is no scope for employer's prejudice.

4 0
3 years ago
Your manager wants you to evaluate the difference in cycle time between three different offices. Describe the steps you would ta
oksano4ka [1.4K]

Answer:

Cycle time is the shortest period taken to generate a portion of it. It is a time of repeatability. Going to measure order cycle assists in testing operating performance and solecism.

It recognises places in which it needs improvement and adjustment. When evaluating the processing time of 3 distinct headquarters, this will help in understanding the periods and identify areas where every office does not have a job, suggesting reactions to stay at correct margins of operations.

          Measuring operating cycle would include using such a kanban system to note down processes right from taking information from a consumer to the time required for the completed goods to be successful to the consumer. To calculate the period the loop is efficient. What will also be addressed is not whether nonworking times even including holidays will be factored.

The three offices' cycle period should enable the leader evaluate their success all around. Calculated and measured cycle period, the chief may recommend corrective steps and map out a strategy to take benefit of an office 's smaller cycles time relative to another, optimising income and-costs.

7 0
3 years ago
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