Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

After considering the Types of Tax PPT, please propose a general set of Income, Consumption, Wealth or other taxes at Federal, state or local level

After considering the "Types of Tax" PPT, please propose a general set of Income, Consumption, Wealth or other taxes at Federal, state or local level with rates for each which you consider would be best for the United States at this time. Please justify your choices by citing evidence from reliable outside sources. It is understood that this is only the revenue side of government (in Intro to Econ courses, taxes is included in Micro and spending in Macro -- go figure), but obviously if taxation changes, this has an impact on the spending side, at least in terms of whether there is a surplus or deficit.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

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

blur-text-image

Step: 3

blur-text-image

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

The End Of Poverty Economic Possibilities For Our Time

Authors: Jeffrey D Sachs, Bono

1st Edition

0143036580, 9780143036586

More Books

Students also viewed these Economics questions