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Nesterboy [21]
4 years ago
13

When tax rates are too high, a decrease in tax rates will cause a(n) __________ in the tax revenue.

Social Studies
1 answer:
lisabon 2012 [21]4 years ago
5 0

Answer:

decrease.

Explanation:

The laffer curve is a curve that is used to describe the relationship between the tax rate and tax revenue. if government-induced high tax rates then it directly affects the tax revenue due to the negative impact on investment activities. while on the other side if the government cut the tax rate then it will encourage the economic stability and enhance the tax revenue

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Potential risk to the community or those outside the laboratory is part of the formal risk assessment.
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Potential risk to the community or those outside the laboratory is part of the formal risk assessment.

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<h3>What does a formal risk assessment look like?</h3>
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<h3>What constitutes a formal risk assessment's five stages?</h3>

You can either complete it on your own or hire a capable expert to assist you.

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