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Answer the following question? (Don't copy from internet) (Reword it please) What might happen if the government cut taxes drastically. Why do you think the
Answer the following question? (Don't copy from internet) (Reword it please)
- What might happen if the government cut taxes drastically.
- Why do you think the majority of American citizens consent to have their earnings taxed by the government?
- Explain the impact of taxation on the United States economy.
- Explain why you think the Framers of the Constitution placed limits on the government's power to tax.
- Use context clues about the nature of progressive taxes to come up with a definition of the word progressive.
- How are progressive, proportional, and regressive taxes similar? How are they different?
- What is meant when a community is said to have a "strong tax base"?
- After looking "The Tax Burden"(search it up) and examining the illustrations, explain who you think would bear the tax burden of an excise tax on a cup of coffee purchased at a coffee shop.
- How would you describe the demand for a product whose consumers bear the burden of an excise tax on that product?
- One of the characteristics of a good tax is certainty, which includes knowing when a tax is due. When are income taxes in the United States due?
- What do you think a supporter of the benefits-received principle might say about progressive taxation?
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