An excise tax alsoincreases the price of the taxed good or servicerelative to the prices of all other goods and services. While the price of the taxed item rises, the prices of all other items may either remain unchanged as the overall price level rises or fall slightly if the price level...
The ICE isn’t melting as fast as it used to. Recently, a popular auto site pitched a story on, “40 Cars that Will Last More than 250,000 Miles.” Conventional cars, pickup trucks and SUVs are becoming more reliable over time – leading to longer life cycles and more resilience to...
Makje cars that work to take care of probkem.do not pass o t on to the poor worldWe need an infrastructure that works. I shouldn't penalize because of the fact my govt. can't or won't get its act together. 4 If you are low income you may not owe any tax and may not be ...
Learn more about this topic: Tax Types, Uses & Subsidies from Chapter 17 / Lesson 9 15K Learn how the government uses tax money to invest in vital components of society. Explore specifically what taxes are used for and understand subsidies...
to success. In USA people stand and admire the expensive sports car, the beautiful homes, the yachts. They admire what it took to reward the owner with the trappings of success. In the UK we are jealous, want it taxed, want the car scratched – suspect illegal activity. Entrepreneur here...
Why should companies not be taxed, based on gross revenue, rather than profits? Isn't revenue a fair measure of economic activity that they are able to derive, while profits measure of their efficienc Why does marginal cost rise with amount of output?Explore...
I am worried about the taxation as even though its low, people are taxed on everything – is that right? I will be giving up being able to save a lot every month (teachers are well-paid in Germany and Berlin is cheap) to living hand to mouth again. What is the cost of living ...
‘belonging’ to the public. I just hate the way it’s generally used by those who seek to hoard power and control others. In my ideal society, we are all free to trade our skills and gifts for things we aren’t good at in efficient markets that are regulated against monopoly. A ...
In economics, taxes fall onwhoever pays the burden of the tax, whether this is the entity being taxed, such as a business, or the end consumers of the business’s goods. From an accounting perspective, there are various taxes to consider, including payroll taxes, federal and state income ...
financial transactions, and import duties. Duty taxes are levied on most goods imported to the Caymans at a rate of 22%. Some items, such as baby formula, are exempt from duty taxes, while other goods such as automobiles are taxed at a higher rate based on the value of the vehicle....