Maximizing tax revenue, Macroeconomics

The City of Poorsville needs to raise revenue. Alderman Young has proposed a $10 tax on red cars in the city, currently numbering 2,000. Mayor White, who wants more than $20,000 in revenue, proposes taxing these cars at $100 each. Councilwoman Bluestone goes even farther, suggesting a $1,000 per red car tax, arguing that her proposal will raise $2 million. If maximizing tax revenue is the only consideration, which proposal should pass? Why?

 

Posted Date: 3/13/2013 2:32:08 AM | Location : United States







Related Discussions:- Maximizing tax revenue, Assignment Help, Ask Question on Maximizing tax revenue, Get Answer, Expert's Help, Maximizing tax revenue Discussions

Write discussion on Maximizing tax revenue
Your posts are moderated
Related Questions
Q. Describe the macroeconomic variables? In this section we have summarizes all the macroeconomic variables. The first column denotes the symbol we use for variable whereas col

Ask question #impotance of capital output ratio#

For a single nonprofit provider, describe an output-maximizing model to predict supplier behavior?

Explain about the diminishing returns to an input. There are diminishing returns to an input while an increase within the quantity of which input, holding the levels of each of

provide data and analysis for the real GDP (as total and per capita) and its growth rate then draw a graph and identify the periods of the Malaysia’s business cycle 2007 -2011

Syesha loves to eat Sunday breakfast at her local Scrambles restaurant. She usually orders a la carte. Her usual breakfast consists of 2 scrambled eggs, 1 piece of bacon and 2 link

Raising chickens requires several types of feed, such as corn and soy meal. Consider a farm in the former Soviet Union. Try to describe how decisions on the number of chickens to b

Question 1: (a) Distinguish between the short run and long run profits of a competitive firm by using graphical representations. (b) Compare and contrast between perfect c

Joans Nursery specializes in custom-designed landscaping for residential areas. The estimated labor cost associated with a particular landscaping proposal is based on the number of

Q. Show the example on IS-curve? Figure We can explain this argument with the above figure.  1. Start by identifying R 1 and R 2 in lower graph.  2. Draw aggr