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iVinArrow [24]
3 years ago
14

Lump-sum taxes are rarely used in the real world because:_______________

Business
1 answer:
labwork [276]3 years ago
4 0

Answer:

c. lump-sum taxes are often viewed as unfair because they take the same amount of money from both poor and rich.

Explanation:

To understand this question, you have to first understand what lump-sum taxes are.

Lump-sum taxes are a system of taxes where everybody pays the same amount of tax no matter their economic status, or their actions. Basically, lump-sum taxes take the same amount of money from the rich and the poor, hugely increasing the burden on the poor and lessening that of the rich.

As an example, a lump-sum tax of $100 would require everybody to pay $100. To a person earning, say $120, that would be a huge hit, and be a huge burden on his normal life. However, to a rich person who earns, say, $10000, that would be much more easier for the rich person.

Hence, lump-sum taxes are often viewed as unfair because of the unfair advantage the rich have over the poor in tax-paying.

Hope this helped!

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How can you attract whole sale seller​
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Answer:

10 ways to increase your wholesale sales

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3 years ago
10. ________________ is the extent to which employees have positive or negative feelings about various aspects of their work.
lozanna [386]

Answer:

A. Job satisfaction

Explanation:

Job satisfaction can be influenced by a number of significant factors. There may be motivation or lack of motivation according to the working conditions, such as job perception, management, organizational culture, reward system, etc.

There needs to be active management to analyze what are the main factors that affect job satisfaction in an organization, so that there is greater motivation, productivity, positive business climate, ethical behaviors, etc.

5 0
3 years ago
Jose and Maria work at a restaurant. Jose can make either 10 pancakes or 4 waffles; Maria can make either 8 pancakes or 2 waffle
Serga [27]

Answer:

The cost of opportunity is 4 pancakes.

Explanation:

The cost of opportunity is by definition the amount of things you don't do or buy, because of choosing doing or buying something else. In this case, Maria can make:

  • 8 pancakes
  • 2 waffles

This means that at every moment, she can choose to make or 8 pancakes or 2 waffles, but not both. If we continue with this logic, in the time she could make 1 waffle, she could have chosen to make 4 pancakes. This is her cost of opportunity.

8 0
4 years ago
When Terry retired from​ Caterpillar, he received a​ pension: Caterpillar would pay him​ $50,000 the first year he was​ retired,
djyliett [7]

Answer:

B. It would increase each year by 3 percent.

Explanation:

Given

Pension = $50,000 in first year

Increment = 5%

Inflation = 2%

Inflation doesn't only affect the value of an investment, it also influence the liabilities of a pension fund.

Consider a pension plan which gives a worker a benefit based on final average salary; A slight increase in the inflation would reduce the worker's real benefits in the years after retirement.

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It'll increase by 3%

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5% - 2% = 3%

7 0
3 years ago
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