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

Author Question: Recall the Application. One difference between a value-added tax and an income tax is the ... (Read 62 times)

Bob-Dole

  • Hero Member
  • *****
  • Posts: 547
Recall the Application. One difference between a value-added tax and an income tax is the value-added tax
 
  A) is a progressive tax. B) is not a consumption tax.
  C) does not penalize individuals who save. D) is difficult to collect.

Question 2

Capital gains are taxed at a different rate than income and this reduces revenues the government receives. All else equal, what would happen if capital gains taxes were eliminated?
 
  A) They would have to be replaced by a consumption tax.
  B) The government would not be able to spend money on any programs.
  C) Everyone would have to pay less in taxes.
  D) The deficit would increase because of lack of revenues.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Heffejeff

  • Sr. Member
  • ****
  • Posts: 336
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 49% of students answer this correctly




Bob-Dole

  • Member
  • Posts: 547
Reply 2 on: Jun 30, 2018
:D TYSM


aliotak

  • Member
  • Posts: 326
Reply 3 on: Yesterday
Excellent

 

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

For a complete list of videos, visit our video library