Is it possible for a country with a regressive tax system to have a tax-spending system that transfers resources from the rich to the poor? a. Yes, if the poor get more in spending than they pay in taxes. b. No, because regressive taxes cannot be combined with transfers from the rich to the poor. c. Yes, if the poor get as much in spending as they pay in taxes. d. No, because the regressive tax would outweigh any spending program.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Is it possible for a country with a regressive tax system to have a tax-spending system that transfers resources from the rich to the poor? ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
How can economies of scale benefit you as a customer and society as a whole? Can the taxicab industry, in large cities, be subject to significant economies of scale?
Answers (1)
Will and Janine are divorced during the current year. Will is to have custody of their two children and will receive their house as part of the divorce sttlement. The house, which Will and Janine bought for $60000 is worth $100000.
Answers (1)
Which of the following is a good gauge of economic progress? A. the level of real GDP per person, but not the growth rate of real GDP per person B. neither the level nor the growth rate of real GDP per person C.
Answers (1)
2. Buckeye Industries has a bond issue with a face value of $1000. The value of Buckeye's asset is $1200. In one year they will be worth either $800 or $1400. The going rate on T-bill is 4 percent.
Answers (1)
The goal of basic research is to invent a new product to sell for profit. true or false.
Answers (1)
New Questions in Business
Jackie owns and operates a website design business. To keep up with new technology, she spends $5,000 per year upgrading her computer equipment. She runs the business out of a room in her home.
Answers (1)
The school production of 'Our Town' was a big success. For opening night, 501 tickets were sold. Students paid $3.00 each, while non-students paid $5.00 each. If a total of $ 1767.
Answers (1)
Do law enforcement agencies really seek an efficient amount of lawbreaking rather than no lawbreaking?
Answers (1)
Identify an advantage of working in teams. A. Less wasted time B. Less skills C. More ideas D. Strong work ethics
Answers (1)
merchandise costing 1200 is sold for 2200 on term 2/30, n/60. If the customer pays within the discount period.
Answers (1)