State General Sales Tax is regressive.
<h3>What is a regressive tax?</h3>
A tax that is administered equally and is regressive takes a bigger percentage of revenue from low-income earners than it does from high-income earners. It is opposed to a progressive tax, which levies higher rates against high-income taxpayers.
Because it is imposed consistently in all circumstances, regardless of the taxpayer, a regressive tax has a greater negative impact on low-income individuals than on high-income individuals. Taxing everyone the same may be fair in some circumstances, but it is viewed as unfair in others. Because of this, the majority of income tax systems use a progressive schedule that taxes high earnings at a higher percentage rate than low earners, while other types of taxes are imposed consistently. Although the United States has a progressive tax system for income tax, which means that people with higher incomes pay a higher percentage of taxes each year compared to people with lower incomes, we do pay other levies that are regarded as regressive taxes. State sales taxes, user fees, and to a certain extent, property taxes are a few of them.
Thus, it is the General sales tax that is also considered a Regressive Tax.
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Answer:
Providing rigid policies, procedures, standards and guidelines
Explanation:
Steering team or leadership team is the leading decision meeting committee which is responsible to implement different projects to increase the profitability of stakeholders and shareholders. The leadership team is responsible to select important projects and ensure effective procedures and report progress. The management or the manager is responsible to provide rigid policies, procedures and guidelines.
Answer:
It implies that the economy is in recession. Less than full employment equilibrium is a macroeconomic term used to describe a situation where an economy's short-run real gross domestic product (GDP) is lower than that same economy's long-run potential real GDP
Answer:
Option C -Search Engine Optimization is the correct answer.
Explanation:
The key to attracting traffic to one's website is by integrating content with many search engines and social media marketing.
Search Engine Optimization is better achieved by making certain changes to a website in a bid to make it more attractive to search engines such that search engine will display the business website as one of the top results when a search is done.
