Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Feb 21, 2022

A tax rate structure where the tax rate remains at the same rate regardless of the tax base is: None of these. A progressive rate

A tax rate structure where the tax rate remains at the same rate regardless of the tax base is:

None of these.
A progressive rate structure.
A proportional rate structure.
A regressive rate structure.

Step by Step Solution

★★★★★

3.50 Rating (150 Votes )

There are 3 Steps involved in it

Step: 1

A proportional tax rate structure is a tax where the tax rat... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Economics

Authors: Roger A. Arnold

12th edition

978-1305758674, 1305758676, 978-1285738321

More Books

Students also viewed these Accounting questions

Question

★★★★★

A progressive income tax always raises more revenue than a proportional income tax. Do you agree or disagree? Explain your answer.

Answered: 1 week ago

Question

★★★★★

A city government imposes a proportional income tax on all people who earn income within its city limits. In 2010, the city's income tax rate was 0.05 (5 percent), and it collected $20 million in...

Answered: 1 week ago

Question

★★★★★

A snowball melts at a rate proportional to its surface area. (a) Show that its radius shrinks at a constant rate. (b) If it melts to 4 its original volume in one hour, how long will it take to melt...

Answered: 1 week ago

Question

★★★★★

1. For each of the following, compute the present value (Do not round intermediate calculations and round your final answers to 2 decimal places. (e.g., 32.16)): 2. For each of the following, compute...

Answered: 1 week ago

Question

★★★★★

What is an investment banker, and what major functions does he or she perform?

Answered: 1 week ago

Question

★★★★★

A road traffic light is switched on every day at 5:00 a.m. It always begins with red and holds this colour for two minutes. Then it changes to yellow and holds this colour for 30 seconds before it...

Answered: 1 week ago

Question

★★★★★

What is your theoretical orientation? (For Applied Programs Only)

Answered: 1 week ago

Question

★★★★★

When Kraft recently bid $16.7 billion for Cadbury, Cadbury's market value rose, but Kraft's market value fell by more. What does this tell you about the value-creating potential of the deal?

Answered: 1 week ago

Question

★★★★★

Orton Co. produces 5,000 units of part A12E. The following costs were incurred for that level of production: Direct materials 55,000 Direct labor 160,000 Variable overhead 75,000 Fixed overhead...

Answered: 1 week ago

Question

★★★★★

Certain radial tires had useful lives of 35,200, 41,000, 44,700, 38,600, and 41,500 miles. Assuming that these data can be looked upon as a random sample from an exponential population, use the...

Answered: 1 week ago

Question

★★★★★

disparate treatment 5 32 0/153 Res ipsa loquitur is a legal doctrine impacting which element of negligence? factual cause duty of care proximate cause damages

Answered: 1 week ago

Question

★★★★★

Which examples of headings, lists, and colons show correct capitalization? Instruction: Choose all options that best answer the question. Answer Choices The CFO released the document "Taxation...

Answered: 1 week ago

Question

★★★★★

haimi, [25/05/2022 3:47 PM] A small business enterprise makes dresses and trousers. To make a dress requires 2 hours of cutting and 2 hours of sewing. To make trousers requires 1 hour of cutting and...

Answered: 1 week ago

Question

★★★★★

A training organisation purchases aheavy volume copier for large workloadson 1/7/2022 for $36,000 [GST exclusive]. It has a useful life of 4 years and a residual value of $4,000 [GST exclusive]....

Answered: 1 week ago

Question

★★★★★

The given multivariable function is as follows: f ( x , y ) = ky 2 - 2 y 3 - kx 3 + 2 kxy . A. Given that the function f ( x,y ) in the Assumptions section has a critical point at (0,0), use a second...

Answered: 1 week ago

Question

★★★★★

How often should braille accommodations be provided? A. Never, not enough people use it. B. Always, regardless of how many people use it. C. Sometimes if it was requested by someone who needs it. D....

Answered: 1 week ago

Question

★★★★★

Prepare journal entries for the following related transactions in the fund and activity journals affected. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the...

Answered: 1 week ago

Question

★★★★★

Explain the term global capital markets. This chapter primarily discusses global equity markets. What other types of financial instruments are traded in these markets? How important are global...

Answered: 1 week ago

Question

★★★★★

A rise in aggregate demand raises Real GDP and the price level. Draw the aggregate supply curve that is consistent with this statement. Next, a rise in aggregate demand raises the price level but...

Answered: 1 week ago

Question

★★★★★

1. Give an example of a government action that had unintended effects. 2. State which type of transfer is used in the case against government. 3. State the points about special-interest groups that...

Answered: 1 week ago

Question

★★★★★

Describe how each of the following would affect the U.S. PPF: (a) an increase in the number of illegal immigrants entering the country, (b) a war that takes place on U.S. soil, (c) the discovery of a...

Answered: 1 week ago

Question

★★★★★

10.28. Suppose that Aj = father's education is positively associated with Y = son's income at age 40. However, for the regression analysis conducted separately at fixed levels of X2 = son's...

Answered: 1 week ago

Question

★★★★★

10.29. Table 10.9 shows the mean number of children in Canadian families, classified by whether the family was English speaking or French speaking and by whether the family lived in Quebec or in...

Answered: 1 week ago

Question

★★★★★

10.41. A study (in Adolescence, vol. 335, 2000, p. 445) reported a sample correlation of 0.45 between depression and loneliness and 0.74 between loneliness and self-esteem. True or false: By the...

Answered: 1 week ago

Previous Question Next Question