Difference between proportional tax and a progressive tax

Assignment Help Business Economics
Reference no: EM13994461

What is the difference between a proportional tax and a progressive tax? What are the problems of progressive taxation as a means to achieve greater equality in income distribution?

Reference no: EM13994461

Questions Cloud

Weaknesses of marketing research conducted online : Marketing research over the internet has increased significantly in the past decade. Outline and then discuss the strengths and weaknesses of marketing research conducted online with respect for a foreign or domestic airline company of your choice.
Deposits the full amount to her saving account : Assume that M1 is currently $2,700 and M2 is $11,000. Determine the new levels for M1 and M2 and whether the new values represent an increase decrease or unchanged totals for M1 and M2 based on each of the following INDEPENDENT scenario: In other wor..
How would this affect marketing strategy : Comment on: ”Some researchers believe sports participation might shape various personality traits, other researchers believe we participate in sports because of our personality type”. In essence, this is the nature - nurture debate. How would this af..
Polices to reduce income inequality and poverty : Write two paragraphs on the polices to reduce income inequality and poverty. Explain the content of these policies and make a comparative assessment.
Difference between proportional tax and a progressive tax : What is the difference between a proportional tax and a progressive tax? What are the problems of progressive taxation as a means to achieve greater equality in income distribution?
More restrictive monetary policy-real interest rates : If the Bank of Canada shifts to a more restrictive monetary policy, it will generally sell bonds in the open market. How will this action influence each of the following? Briefly explain each of your answers. a) The reserves available to banks. b) Re..
These programs are effective in preventing recidivism : Discuss whether or not you feel these programs are effective in preventing recidivism. Do you think inmates should be eligible for Pell Grants? Why, or why not?
Suppose the own price elasticity of demand for good : Suppose the own price elasticity of demand for good X is -2, its income elasticity is 3, its advertising elasticity is 2, and the cross-price elasticity of demand between it and good Y is -4. Determine how much the consumption of this good will chang..
The market for physiotherapists is competitive : The market for physiotherapists is competitive. Chiropractic services and physiotherapy services are substitutes. Currently the price per visit is $40 and the quantity utilized is 30,000 visits annually. Physiotherapists face stiff competition from c..

Reviews

Write a Review

Business Economics Questions & Answers

  Word-processing program

Your paper should be written using a word-processing program, likely Microsoft Word otherwise a Word-compatible program.

  How do the size of the cash marke matter

How do the following matter? (i) size of deductibles for those covered by insurance; (ii) size of the cash marke. (iii) dispensing fees based on the value of the prescription vs. fixed dispensing fees.

  Marketing concept designs product to meet needs-tastes

Several years ago R. J. Reynolds announced plans to test market a menthol cigarette called Uptown specifically to black consumers. According to the company, about 70 percent of black smokers prefer menthol, more than twice the average rate. What abou..

  Monopolistic competition in any industry in australia

Demand and supply of certain resources in Australia and factors other than price which affect demand and supply

  Conclude marginal income products for exterminators

Is SPC employing labour and domes in an optimal ratio, assuming that substitution of resources is possible. Elucidate. Conclude marginal income products for exterminators and for domes/pumps employed by SPC.

  Qconsider the following extended classical economy in which

q.consider the following extended classical economy in which the misperceptions theory holdsad y 300 10mp.sras y ? p

  Calculate both the consumer and producer surplus

Consider the competitive (private) market for widgets described by the following marginal benefit (MB) and private marginal cost (PMC) curves: MB = 100? 0.1Qd PMC = 4 + 0.06Qs, where Qs and Qd vary from 0 to 1000. Calculate both the consumer and prod..

  Effect of price ceiling and a price floor

Explain how a dead weight loss can be generated in an imperfect market and also in a case of a negative externality. What policies government can use to try to eliminate the deadweight loss? Effect of Price Ceiling and a Price Floor-Price Floors and ..

  Prices tend to rise in response to a natural disaster

Prices (fuel, water, grocery items, etc.) tend to rise in response to a natural disaster.

  Find a symmetric nash equilibrium in mixed strategies

The payoff to a company that enters is its gross profit minus its entry cost, while the payoff to a company that does not enter is 60. Find a symmetric Nash equilibrium in mixed strategies.

  Food from the united states

The developing country uses the $100 bank balance to import $100 worth of food from the United States (US).

  What can be wrong about joining forces and adopting a common

Reduce labor market rigidities. What can be wrong about joining forces and adopting a common currency? The euro is obviously good for Europe.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd