1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
velikii [3]
3 years ago
7

Explain the four characteristics of a good tax

History
2 answers:
Elis [28]3 years ago
5 0
<h2>Economics, Unit 6, Lesson 10: Unit Assessment: Government and the Economy</h2>

1. D - Medicare provides health care for people over 65, and Medicaid offers benefits for low-income families and individuals.

2. C - mandatory spending programs

3. A - sales tax and individual income taxes

4. B - The federal Reserve coordinates all regulatory activities and examines banks periodically.

5. D - As interest rates rise, people generally keep their wealth in assets that pay returns, restricting the money supply.

6. A - a cash deposit into the banking system on the money supply.

7. C - It would force banks to recall a significant number of loans, which would hurt many borrowers.

8. D - benefits to older citizens, surviving family members of wage earners, and people with certain disabilities

9. C - So that the government can pay bills as they come due

10. D - An operating budget is for day-to-day expenses; a capital budget is for investment spending.

11. A - a social welfare program providing benefits to people who meet certain eligibility requirements

12. C - regressive tax.

13. A - The tax represents a larger proportion of Josh's income.

14. D - Your employer sends it to the federal government to help pay your income tax bill,

15. D - the convenience store on the corner

16. D - all of the above

17. B - by Congress and the White House.

18. A - there is a budget surplus.

19. A - loan money to the government.

20. B - most states require a balanced budget for state spending.

21. D - to lessen the effect of natural business cycles

22. D - to provide consumers with access to funds for business expansion

23. C - 12

24. D - The economy is expanding quickly and inflation is a concern.

25. A - As interest rates decrease, demand for money increases.

26. The money the government spends creates jobs which in turn could create a chain reaction in the economy.

27. A good tax should have simplicity, efficiency, certainty, and equity. By simplicity, we mean tax laws should be easily understood. By efficiency, we mean government administrators should be able to collect taxes without spending too much time or money. By certainty, we mean it should be clear to the taxpayer when a tax is due, how much money is due, and how the tax should be paid. By equity, we mean the tax system should be fair; no one should bear too much or too little of the tax burden.

sergeinik [125]3 years ago
3 0

The Four characteristics of a good tax are:

  1. <em>Equity:</em>:Taxes should be fair, and certain taxes should be given to taxpayers with similar characteristics.Could be on ability to pay. Example: Height tax is unfair.
  2. <em>Non-Distortionary:::</em>Taxes should not affect economic behavior.For example, they should not be so high that they discourage people from working.
  3. <em>Certainty::</em>People and firms should know when atax should be paid (and how much).<em> </em>Taxes should be stable, so that people and firms can plan their finances<em>.</em>
  4. <em>Convenience::</em>It must be simple and easy for people and firms to pay their taxes on a regular basis.<em> </em>For example, income taxes are collected by employers on a monthly basis from the salaries of the workers.

You might be interested in
What is my favorite color
ki77a [65]

Answer:

imma say its green

Explanation:

is it

3 0
2 years ago
Read 2 more answers
what were the routes between Africa and the Americas (those not including European segment). "first segment from to " "second se
Veronika [31]

Answer:

The most historically significant triangular trade was the transatlantic slave trade which operated between Europe, Africa and the Americas from the 16th to 19th centuries. Slave ships would leave European ports (such as Bristol and Nantes) and sail to African ports loaded with goods manufactured in Europe.

Explanation:

7 0
3 years ago
Analyze this political cartoon. What does the metaphor of the cauldron mean? Why are these particular figures placed on or near
dolphi86 [110]

Answer:Cartoon depicting the European great powers — Britain, France, Russia, Germany, and Austria-Hungary — struggling to stop the conflict in the Balkans from boiling over into something much bigger and much worse, 1912-1913. Crises over the Balkans were not new — they had been a semi-regular occurrence in European diplomacy since the Greek War of Independence in the 1820s began the slow process of eroding Ottoman control over the region.

The resulting power vacuum encouraged Russia, Austria and other great powers to try to move in to fill it either by supporting the creation of new states like Serbia, Romania and Bulgaria or taking territory directly (such as Bosnia-Herzogovina, annexed by Austria-Hungary in 1908). But equally important was the need of the European great powers to try and stop each other from gaining too much influence or power in the region as the Ottomans withdrew. Balancing these two often conflicting goals required very delicate diplomacy and was not helped by the emergence of the new Balkan states, like Serbia and Bulgaria, which were quite capable of turning the tables on those powers who sought to manipulate them as regional clients.

By the first decade of the new century many European leaders and diplomats were convinced that the next major European war would begin in the Balkans. The outbreak of the Balkan wars seemed to many observers in the press to be the much-predicted spark that would cause a wider war.

8 0
3 years ago
Who was the First woman in the Salem witch trial
Eduardwww [97]

Bridget Bishop was the first women in the Salem Witch Trial.

4 0
3 years ago
3. How did farmers play a key role in the success of Egypt's economic<br> system?
Vsevolod [243]

Answer:

When the river Nile flooded, water, mud and silt from the river was washed up over the river banks creating a fertile growing area. During the period of the flood the Egyptian farmers spent time mending and making tools and looking after the animals. Many farmers also worked for the pharaoh during this time building pyramids and temples.

Explanation:

6 0
2 years ago
Other questions:
  • In which of the following situations might a trade embargo be used by the United States?
    5·2 answers
  • What level of government would you most likely contact to address a community issue..
    12·1 answer
  • Plzzz helppp
    11·1 answer
  • The rise and fall of Caesar represented what?
    14·1 answer
  • discuss the progression of anti-semitism in nazi-era germany, from the early days of the party through kristallnacht.
    15·1 answer
  • How was French society unequal?
    8·1 answer
  • Can someone evaluate for me<br><br> x= 1/2<br> y= -5
    7·2 answers
  • How does Inauguration Day traditionally end?
    14·2 answers
  • Between 1945-1959, the United States policy in the Middle East saw the
    11·1 answer
  • Do you know of another president who acts like he thinks he’s a king? (like andrew jackson in the 1800)
    10·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!