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Author Question: What are the positive features of the sales tax? What will be an ideal ... (Read 56 times)

schs14

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on: Jul 31, 2018
What are the positive features of the sales tax?
 
  What will be an ideal response?

Question 2

Why do some large cities have difficulty financing education?
 
  What will be an ideal response?


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bdobbins

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Reply #1 on: Jul 31, 2018
Answer to Question 1

ANSWER: Sales taxes rate quite well on the criteria for taxes. They are easy to administer and collect. When food and prescription medicine are not included, sales taxes meet the criterion of equity. They are also responsive to changing economic conditions.

Answer to Question 2

ANSWER: Property taxes are usually high there, which results in some businesses and middleincome residents leaving for the suburbs. Then the tax base becomes even smaller for the same amount of services, including education that must be funded. Large cities are also plagued by municipal overburden, which is caused by a high population density and a high proportion of disadvantaged and low-income citizens.


schs14

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Reply 2 on: Jul 31, 2018
Wow, this really help

kthug

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Reply 3 on: Yesterday
Excellent

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