Taxation to ability-to-pay principle of taxation

Assignment Help Business Economics
Reference no: EM131092627

(a) Compare and contrast the benefits-received principle of taxation to the ability-to-pay principle of taxation.

(b) Should sales and excise taxes be eliminated? Explain.

(c) Should the U.S. corporate profits tax be eliminated? Explain.

Reference no: EM131092627

Questions Cloud

Serious problem of excessive rural-urban migration : "The key to solving the serious problem of excessive rural-urban migration and rising urban unemployment and underemployment in developing countries is to restore a proper balance between urban and rural economic and social opportunities."
Which design is most appropriate : Begin by identifying if the research problem is asking for quantitative or qualitative data. Then, consider which type of research design you would select, if you were actually going to conduct the study. Which design is most appropriate?
Fiscal policy change in taxes : Recommend some U.S. fiscal policy change in taxes, and explain why that change would be good for most firms and good for the U.S. economy. Recommend some U.S. fiscal policy change in government spending or transfers, and explain why that change would..
World price of crude oil influence the economy : How will an increase in the world price of crude oil influence the economy of an oil-importing country such as the United States?
Taxation to ability-to-pay principle of taxation : Compare and contrast the benefits-received principle of taxation to the ability-to-pay principle of taxation. Should sales and excise taxes be eliminated? Explain. Should the U.S. corporate profits tax be eliminated? Explain.
Do you prefer qualitative research or quantitative research : Discuss your ideas of how you would write a department SOP relative to preventing such injuries to firefighters within your department. Give specific examples and include technical report findings that can be found on the Internet.
Give a sketch of the mechanical linkage to lift the mass : Give a sketch of the mechanical linkage to lift the mass.
Immediate effect of a supply shock : For an oil-importing country such as the United States, the immediate effect of a supply shock caused by an increase in the price of imported oil would tend to bring what expectations?
Calculate the expected time and variance for each activity : The project manager for an organization has identified the following activities and activity times for the installation of a new accounting software system. Calculate the expected time and variance for each activity. Solve the network for the critica..

Reviews

Write a Review

Business Economics Questions & Answers

  Enough to say which savings account decreased

Please try to come up with real examples: it's not enough to say which savings account decreased.

  Which decision should paul make using the expected utility

Which decision should Paul make using the expected utility approach? Compare with the decision using the expected value approach.

  Show with supply-demand curve

If market participants expect stocks in the technology sector to increase in price next year, what will happen to supply, demand and price today? Give an answer and also show with a supply-demand curve. What else would be needed for an asset price bu..

  In criminology-economic crisis

In criminology, Is there a correlation between economic crisis in America and the justice program spending by the government? Critical theorists state that when the economy turns downward, government funding for justice programs (prison construction)..

  Determine what kind of growth he needs in order to achieve

Larry wants to determine what kind of growth he needs in order to achieve a $2,500,000 in net worth when he retires. To achieve this goal, he plans to invest $12,500 each year (starting one year from now) into an account that earns an unknown interes..

  Cabrini community college charged her a flat tuition

Each term, Dana, a student at Cabrini Community College has a budget of $4,000 she can spend on college credits and drama classes. Each college credit costs $200, while a drama class costs $100. In your graph, add an indifference curve to illustrate ..

  Comparative advantage gains from trade

Assume a given country two industries X and Y, and in autarky X is produced by a monopolist (with constant returns to scale). Using a graph, explain the precompetitive and comparative advantage gains from trade.

  Generally pay the higher interest rate

For which two bonds would you expect to generally pay the higher interest rate, a U.S. government bond or a municipal bond with the same term and issued by a creditworthy municipality and explain why?

  Current values of the deposit and money multiplier

Economists believe that the current values of the deposit multiplier and the money multiplier are widely divergent. Why might these values differ at present? What (if anything) do you think must happen for them to converge once again?

  Issues in health care affect antirust healthcare policy

Analyze the major ways in which quality issues in health care affect antirust healthcare policy - synthesize the primary ways in which consumer and provider incentives work together to achieve cost reduction under the Affordable Care Act

  What is the governments contribution to GDP

Suppose that the government collects $3 million in taxes, pays $2 million in Social Security benefits, pays $0.5 million in interest on the national debt, and pays workers $1 million to sit at their desks and work as little as possible. What is the g..

  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.

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