This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A general sales tax and a value-added tax have _____. a. a common tax base b. nothing in common ... (Read 46 times)

serike

  • Hero Member
  • *****
  • Posts: 542
on: Jul 1, 2018
A general sales tax and a value-added tax have _____.
 
  a. a common tax base
  b. nothing in common
  c. rates in common
  d. investment as a tax base
  e. a and d

Question 2

Over a period of years, many European countries replaced their transaction taxes with a value added tax. Give two reasons why this was done.
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

karlss

  • Sr. Member
  • ****
  • Posts: 321
Reply #1 on: Jul 1, 2018
Answer to Question 1

a

Answer to Question 2

The first reason why this was done was because transaction taxes are inefficient because they tax the same good multiple times. The second reason this was done was to harmonize income tax rates among members of the European Union so one country would not have a government-subsidized advantage over the others.


serike

  • Member
  • Posts: 542
Reply 2 on: Jul 1, 2018
Wow, this really help

nothere

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

Sildenafil (Viagra®) has two actions that may be of consequence in patients with heart disease. It can lower the blood pressure, and it can interact with nitrates. It should never be used in patients who are taking nitrates.

Examples of common forms of strabismus: (A) esotropia with the right eye turning inward and (B) exot Examples of common forms of strabismus: (A) esotropia with the right eye turning inward and (B) exot
Conjunctivitis, with the characteristic “pinkeye” appearance. A yellow crusty exudate is also common Conjunctivitis, with the characteristic “pinkeye” appearance. A yellow crusty exudate is also common
Intaglio printmaking technique, general view. Intaglio printmaking technique, general view.
Examples of the most common X-ray positions and the images they produce. Examples of the most common X-ray positions and the images they produce.
A Listing of the Expected Electron Configurations for Some of the Common Elementsa A Listing of the Expected Electron Configurations for Some of the Common Elementsa
General Mathematics General Mathematics
Video: Alternative Energy Sources

For a complete list of videos, visit our video library