Create a framework of procedure governing the planning and implementation of budgetary policies. Explain uour framework created

wich action would a government most likely take to increase its overall gdp

Explain the 3 features of ideal fiscal policy?

c. A progressive tax d. A regressive tax QUESTION 3 Corporate profits are a. taxed to pay for Medicare. b. exempt from taxes. c. included in payroll taxes. d. taxed twice, once as profit and once as dividends. QUESTION 4 A value-added tax or VAT is a tax on a. retail purchases only. b. pollution. c. all stages of production of a good. d. wholesale purchases only. QUESTION 5 Table 12-17 INCOME $50,000 100,000 200,000 AMOUNT OF TAX $12,500 (25%) $25,000 (25%) $50,000 (25%) TAX A

The federal government recently provided tax payers’ money to major corporations that filed for bankruptcy protection from their creditors. Some have paid the funds back, and others have not. Please provide your opinions, both for and against this federal action, as related to the following questions:Does the U. S. Constitution or any of its 27 Amendments allow the use of the federal budget to help private business?Does the executive branch of the federal government have Constitutional support to buy shares of a private company using the federal budget?Does the executive branch of the federal government now have authority to help private businesses who declare bankruptcy using the federal budget?

The following levels of government determine a budget each year to show how much revenue the government expects to receive in taxes and other income and how the government plans to spend it: A, B, C, OR D  a Federal only b State and federal only c Federal, state, and local d Local only

If the total budget expenditure is 6200 and the total budget receipts are 1300 find the budgetary deficit

What does Benjamin Franklin mean in the following quote about taxation? What advice is implied and how would you apply that advice to your financial planning?

Explain the term “crowding out” giving five examples of “crowding out” effects.

Briefly explain the purpose served by payroll taxes and how they are collected. Describe any comment that economists point out with regard to payroll taxes.