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babymother [125]
3 years ago
10

Evaluate the economic consequences of increasing progressive taxes in order to redistribute income (6)

Business
1 answer:
Troyanec [42]3 years ago
4 0

Answer:

Increasing progressive taxes in order to redistribute income may be seen as a fair and noble thing, but such measure may have several unintended consequences.

Explanation:

One consequence is that if taxes are raised too high on the highest earners, these people may simply leave the country for another one where taxes are lower. Wealthy people have the means to do so in the modern economy.

Another consequence would occurr if the taxes are raised too high on corporations. Corporations may either leave the country as well, or pass through the higher costs to the consumers.

All in all, progressive taxation is seen as a fair system by many economists, but it should be implemented with care, and by making cost/benefit analysis first.

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The differences between career and non career​
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The following information has been provided by New​ Age, Inc.:
N76 [4]

Answer:

(D) $ 4,950

Explanation:

The computation is shown below

As We know that

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where,  

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= $10,000 + $25,800 + $19,200

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3 years ago
Universal Containers would like to remove data silos and connect their legacy CRM together with their ERP and with Salesforce. M
iragen [17]

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Join the legacy CRM and Deal for interested parties are two techniques.

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3 years ago
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