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iragen [17]
3 years ago
9

What are the positive and negative aspects of taxation?

Business
1 answer:
hodyreva [135]3 years ago
6 0

Answer:

Explanation:

For negative

But all taxes adversely affect ability to save. Since rich people save more than the poor, progressive rate of taxation reduces savings potentiality. This means low level of investment. Lower rate of investment has a dampening effect on economic growth of a country.

Positive

The positive effects of tax rate cuts on the size of the economy arise because lower tax rates raise the after-tax reward to working, saving, and investing. ... But pure rate cuts may also provide positive income (or wealth) effects, which reduce the need to work, save, and invest.

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Physical or mental injuries caused by a crime are known as what?
maksim [4K]
Assault and battery because Battery is a criminal offense involving the unlawful physical acting upon a threat, distinct from assault which is the act of creating apprehension of such contact. In the United States, criminal battery, or simply battery, is the use of force against another, resulting in harmful, offensive or sexual contact.
5 0
4 years ago
Read 2 more answers
Hunter Company reported a net loss of $12,000 for the year ended December 31, 2017. During the year, accounts receivable decreas
Marina CMI [18]

Answer:

$50,000

Explanation:

The preparation of the operating activities under the indirect method is shown below:

Cash flows from operating activities

Net loss          -$12,000

Add: Depreciation expense  $24,000

Add: Decrease in account receivable $28,000

Less: Increase in inventory -$20,000

Add: Increase in account payable $30,000

Cash provided from operating activities  $50,000

The options are incorrect. The right answer is shown above

4 0
3 years ago
When the government imposes taxes on buyers or sellers of a good, society A. loses some of the benefits of market efficiency. B.
maksim [4K]

Answer:

A) loses some of the benefits of market efficiency.

Explanation:

Taxes always result in deadweight losses. Deadweight loss refers to allocative inefficiencies resulting from an alteration in the equilibrium quantities and economic surplus.

Taxes always increase the price of goods or services, and that increase reduces the equilibrium quantity, therefore resulting in lower economic surplus (lower consumer surplus and lower supplier surplus). The price of a good or service is higher, decreasing the quantity demanded, but the net amount received by the supplier is lower, decreasing the quantity supplied.

4 0
4 years ago
In accounting, emphasis is placed on determining net income in accordance with generally accepted accounting principles. In fina
aksik [14]

Answer: false

                 

Explanation: The first statement in the given case is correct as accounting is based on determining net income. Whereas, the subject matter of finance is related to increase the value of the company and the value of its shareholders wealth.

Finance does not only focus on net income but it also focuses on other aspects like liquidity, future potential etc.

Hence the given statement is false.

7 0
3 years ago
The north american free trade agreement continues to spark debate today, particularly concerning?
raketka [301]

The North American free trade agreement continues to spark debate today because of their concerns with the agreements and alliances of three countries namely United States, Mexico and Canada. There have been agreements and beliefs in which had cause concerns and had cause a continuous debate within the three countries.

8 0
4 years ago
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