MACROECONOMICS FOR TODAY
10th Edition
ISBN: 9781337613057
Author: Tucker
Publisher: CENGAGE L
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Chapter 12, Problem 7SQ
To determine
The example for progressive
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Which of the following is an example of a progressive tax?a. The excise tax on cigarettesb. The federal tax on gasolinec. The federal personal income tax d. All of the above answers are correct
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some economists have argued that corporate taxes should be eliminated and only individuals should be taxed. explain.
Chapter 12 Solutions
MACROECONOMICS FOR TODAY
Ch. 12.4 - Prob. 1YTECh. 12 - Prob. 1SQPCh. 12 - Prob. 2SQPCh. 12 - Prob. 3SQPCh. 12 - Prob. 4SQPCh. 12 - Prob. 5SQPCh. 12 - Prob. 6SQPCh. 12 - Prob. 7SQPCh. 12 - Prob. 8SQPCh. 12 - Prob. 9SQP
Ch. 12 - Prob. 10SQPCh. 12 - Prob. 11SQPCh. 12 - Prob. 1SQCh. 12 - Prob. 2SQCh. 12 - Prob. 3SQCh. 12 - Prob. 4SQCh. 12 - Prob. 5SQCh. 12 - Prob. 6SQCh. 12 - Prob. 7SQCh. 12 - Prob. 8SQCh. 12 - Prob. 9SQCh. 12 - Prob. 10SQCh. 12 - Prob. 11SQCh. 12 - Prob. 12SQCh. 12 - Prob. 13SQCh. 12 - Prob. 14SQCh. 12 - Prob. 15SQCh. 12 - Prob. 16SQCh. 12 - Prob. 17SQCh. 12 - Prob. 18SQCh. 12 - Prob. 19SQCh. 12 - Prob. 20SQ
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- If the state government would like to increase tax revenue, please give three examples of products/commodities that the government should impose tax on so that they can collect the highest amount of tax revenue. Please explain your reasons clearly.arrow_forwardwhat are the ultimate effects to society of shortfalls of tax collection?arrow_forward1. What are the Five most common Types of Taxes? Give Examples.arrow_forward
- Which statement is true? a. None of these is true. b. The cigarette tax is an excise tax. c. The federal personal income tax is a proportional tax. d. The tax on gasoline is a direct tax.arrow_forwardHow important is tax in a government?arrow_forwardExplain three different types of taxes imposed in the United States including the reason for its existence.arrow_forward
- why is the tax rate 6?arrow_forwardWhich of the following is an example of a progressive tax? Group of answer choices All of the above answers are correct the federal tax on gasoline the federal personal income tax the excise tax on cigarettesarrow_forwardWhat is the nature of Taxation?arrow_forward
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