Answer:
B- The ability to pay principle
Explanation:
Taxation can be defined as the involuntary or compulsory fees levied on individuals or business entities by the government to generate revenues used for funding public institutions and activities.
In this scenario, Joe earns $52,000 per year, and his income tax rate is 15%. Sally earns $75,000 per year, and her tax rate is 25%. Therefore, this income tax is based on the ability to pay principle of fairness.
The ability to pay principle can be defined as an economic principle which states that, an individual should be made to pay his or her tax based on the level of burden of a tax rate with respect to the level of income. Therefore, an individual who earns more income would pay more tax because they have the ability to pay more.
Hence, the ability to pay principle measures an individual's wealth and financial income. Just like progressive taxation, it involves charging individuals having higher incomes a higher percentage of their total income.
B. Because this is an action that is happening that is causing the illness.
Answer:
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Answer:
Spain was in debt from wars and Isabella and Ferdinand turned away Christopher Columbus's ideas of venturing/trading outside of Afro-Eurasia but once he promised to bring back riches (ie silver and gold) they granted his request and he set sail to "discover" what he thought was India but ended up in the Americas. This led to the development of 2 great trading systems: the Columbian Exchange and the Atlantic system. Things that were mostly traded were sugar, silver, and slaves (the 3 s's). Allowed Europe to venture out amongst Asian waters, which later inspired others to do the same (French, English, Dutch, etc).
Explanation:
Answer:
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