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4 years ago

What will happen to the govnerment revenue generated by this tax

Business

1 answer:

krok68 [10]4 years ago

4 0

Answer:

use own words

Explanation:

The federal government also collects revenue from estate and gift taxes, customs duties, earnings from the Federal Reserve System, and various fees and charges. In total, these sources generated 5.6 percent of federal revenue in 2017. They have averaged between 0.6 and 1.1 percent of GDP since 1965

How much tax revenue does this tax produce for the government?

These revenues come from three major sources: Income taxes paid by individuals: $1.48 trillion, or 47% of all tax revenues. Payroll taxes paid jointly by workers and employers: $1.07 trillion, 34% of all tax revenues

What are the 5 major sources of revenue for the government?

The rest comes from a mix of sources.

Total revenues. ...

Individual Income Tax. ...

Corporate Income Tax. ...

Social Insurance (Payroll) Taxes. ...

Federal Excise Taxes. ...

Other Revenues. ...

Shares of Total Revenue.

How much tax revenue comes from the rich?

The average federal income tax rate of the richest 400 Americans was just 20 percent in 2009. Taxing investment income at a much lower rate than salaries and wages are taxed loses $1.3 trillion over 10 years. 1,470 households reported income of more than $1 million in 2009 but paid zero federal income taxes on it.

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Economists refer to the process of proactive consumers choosing to either exit from a sale or to voice their dissatisfaction wit

Andre45 [30]

Economists ask the process of proactive consumers choosing to either exit from a sale or to voice their dissatisfaction with a product as-----expressing disapproval.

What does one mean by customer dissatisfaction?

Customer dissatisfaction is the antithesis of customer satisfaction. It happens when customer expectations aren't only not meant, but also when the corporate fails to do anything about the complaint.

for instance , 74 percent of consumers say they will forgive a company for its mistake after receiving excellent service.

<h3>Why is customer satisfaction important?</h3>

The importance of customer satisfaction cannot be overstated. there's a direct correlation between how happy customers are and how much money a business makes. Your customer satisfaction score (CSAT) affects repeat purchases rates and customer loyalty, word of mouth referrals, and helps to tell business decisions

.Learn more about customer satisfaction:

brainly.com/question/7943284

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7 0

1 year ago

Pharma One’s analgesic drug KleenKare has a 50% share in the analgesics market in the country of Syria. Its closest competitor,

elixir [45]

Answer:

Pharma One

The statement that indicates that KleenKare is a cash cow according to the the Boston Consulting Group (BCG) matrix is:

2. The demand for analgesic drugs in the Syrian market is expected to maintain a low-growth, high-share status.

Explanation:

A cash cow depicts the BCG matrix quadrant where there are higher returns, high market share in a low-growth market. The cash cow requires little investment to generate high returns. It also provides the cash for financing the other quadrants (dogs, stars, and question marks). Basically, the BCG matrix, also known as the Growth/Share Matrix, depicts the products' growth opportunities.

4 0

3 years ago

Grays Company has inventory of 16 units at a cost of $11 each on August 1. On August 3, it purchased 26 units at $10 each. 18 un

Lelechka [254]

Answer:

Cost of goods sold is $196

Explanation:

Using FIFO inventory sold are valued at the price of the most earliest stock in inventory.

The 16 units would be valued at $11 per one while the remaining 2 units would be valued at price of the purchase made on August 3 which cost $10 each

costs of goods sold=($11*16)+($10*2)

=$176+$20=$196

The costs of goods sold would be $196 if FIFO method of inventory valuation is used

6 0

4 years ago

When it comes to decision making, in a limited partnership there is no separation of ownership and control limited partners have

kati45 [8]

Answer:

yes, there is no separation between the administration and ownership in a partnership.

the partnership contract stipulates which partners have the decision making ability and which partners don't. We cannot say specifically that limited partners have no say in decision making.

Moreover, the control of the partnership is not based on the amount invested like in corporations. that too is based on the contract. however, in practice, yes if you have more money invested in the business, you have more influence.

Explanation:

7 0

3 years ago

Read 2 more answers

Which statement about ethnocentrism is most accurate?

Alexus [3.1K]

Answer:

<em> Ethnocentrism causes us to judge others by our own values. </em>

<em> Ethnocentrism causes us to judge others by our own values. Ethnocentrism is the belief in the superiority of one's own culture. This belief is a natural attitude found in all cultures, and it causes us to judge others by our values</em>.

4 0

3 years ago