When will the Social Security fund dry up at its current level? When will the Social Security fund dry up at its current level?

Highlight the difference between progressive and regressive tax.

Misha Larkins [42]

Answer:

see below

Explanation:

A progressive tax system imposes taxes depending on income earned. The higher the income, the higher the tax rate. It means individuals and entities with a higher income with pay more taxes. A progressive tax system promotes equity by imposing higher taxes on the wealthy and lower taxes on the poor. The US income tax system is an example of a progressive tax.

A regressive tax system does not discriminate on income. It taxes all eligible taxpayers equally regardless of their income level. A regressive tax applies the same tax rate for everyone. Sale tax imposed on goods sold is an example of regressive tax. The regressive tax system takes a higher proposition of income from the low-income earners.

4 0

3 years ago

When all employees are exceedingly clear about what is expected from them, guidelines for task completion are clear and understo

dalvyx [7]

Answer:

The correct answer is letter "D": autocratic.

Explanation:

Autocratic leadership is characterized by having the leader explain exactly the parameters of how things must be done within an organization, set what objectives the group mus reach, and control every activity without significant influence of the subordinates. Autocratic leaders hardly ever take the subordinates' advice.

7 0

4 years ago

A rise in the domestic real interest rate would cause a ________ in net exports and a ________ in the exchange rate.

Kisachek [45]

A rise in the domestic real interest rate would cause a fall in net exports and a RISE in the exchange rate.

In general, businesses and consumers spend less when interest rates are high. This is because borrowing money costs more when interest rates are high. As a result, companies frequently turn to the stock market to raise money, which can cause stock values to decline.

An increase in interest rates causes the local currency to appreciate. In comparison to domestic goods and services, import prices decline. Exports see a decline in profitability and competition. Exports decline while imports rise, reducing the net export portion of total demand and spending.

To learn more interest rate would cause a fall in net exports and a RISE about:

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5 0

1 year ago

In most llcs, members elect __________ taxation and pay the business' income taxes on their own income tax returns.

mr Goodwill [35]

(personal) taxation is the answer.

4 0

3 years ago

The housekeeping services department of ruger clinic, a multispecialty practice in toledo, ohio, had $100,000 in direct costs du

iren [92.7K]

Answer:

Missing word "2015, and to support these clinical activities, they used 5,000 hours of housekeeping services. a.What is the value of the cost pool? b.What is the allocation rate if patient services revenue is used as the cost driver? and hours of housekeeping services issued as the cost driver?"

a. What is the value of the cost pool?

The cost pool = $100,000 (All the indirect cost)

b. What is the allocation rate if patient services revenue is used as the cost driver?

The allocation rate = Value for housekeeping / Total Revenue

The allocation rate = $100,000 / 5,000,000

The allocation rate = $0.02 per patient service

c. What is the allocation rate if hours of housekeeping services is issued as the cost driver?

Allocation rate = Value for housekeeping / Hours of housekeeping service

Allocation rate = $100,000 / 5000 hours

Allocation rate = $20 per housekeeping hour

3 0

3 years ago