This topic contains a solution. Click here to go to the answer

Author Question: The Community Charge was a poll tax to fund local government in the United Kingdom, instituted in ... (Read 133 times)

Brittanyd9008

  • Hero Member
  • *****
  • Posts: 500
The Community Charge was a poll tax to fund local government in the United Kingdom, instituted in 1989 by the government of Margaret Thatcher. It replaced the rates that were based on the national rental value of a house.
 
  It was a fixed tax per adult resident. Is this tax a proportional, progressive or regressive tax? Explain your answer.

Question 2

Refer to Figure 2-5. If the economy is currently producing at point W, what is the opportunity cost of moving to point X?
 
  A) 19 million tons of steel B) 5 million tons of paper
  C) 9 million tons of paper D) 3 million tons of steel



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Tonyam972

  • Sr. Member
  • ****
  • Posts: 342
Answer to Question 1

This is essentially a regressive tax since the amount of tax is independent of one's income. Therefore, as income rises the percent of your income paid actually declines.

Answer to Question 2

B




Brittanyd9008

  • Member
  • Posts: 500
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)


tranoy

  • Member
  • Posts: 344
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

For a complete list of videos, visit our video library