Suppose that people in your community voted to eliminate all taxes. Which of these goods and services would most likely disappear?
A. interstate highway maintenance
B. neighborhood trash pickup
C. regional military base
D. grocery store parking lots
B
What is one source of revenue for the federal government to pay for public goods and services?
A. property taxes
B. sales taxes
C. income taxes
D. excise taxes
C
Which of these are best categorized as public goods and services?
A. pharmacy and doctor's office
B. amusement park and skating rink
C. grocery store and hospital
D. playground and neighborhood park
D? Not sure.
D
A
C
D
A
C
To determine which goods and services would most likely disappear if all taxes were eliminated in a community, we can consider the nature of the items listed and their typical funding sources.
A. Interstate highway maintenance: This is typically funded through taxes on fuel, vehicle registration fees, and tolls. Therefore, if taxes were eliminated, it is possible that the funding for interstate highway maintenance would disappear.
B. Neighborhood trash pickup: This is usually funded through property taxes or fees paid by residents. Hence, if taxes were eliminated, the funding for neighborhood trash pickup might be affected, leading to its potential disappearance.
C. Regional military base: Military bases and their operations are primarily funded by the federal government through income taxes, among other revenue sources. Therefore, if taxes were eliminated, it is unlikely that military bases would disappear because they rely on federal funding.
D. Grocery store parking lots: Parking lots are generally private property owned by grocery stores and funded by the stores' revenues. As such, they are not directly related to taxes, and their existence would not be significantly impacted by the elimination of taxes.
Based on this analysis, B. neighborhood trash pickup would most likely disappear if all taxes were eliminated.
Moving on to the next question, one source of revenue for the federal government to pay for public goods and services is income taxes (option C). Income taxes are typically levied on individuals and corporations based on their earnings and profits, respectively. This revenue is then used by the government to fund public goods and services such as infrastructure, education, defense, and healthcare.
Lastly, let's determine which option is best categorized as public goods and services:
A. Pharmacy and doctor's office: These are typically privately-owned businesses that provide healthcare services and products. While they may have some interaction with public healthcare systems, they are primarily categorized as private services.
B. Amusement park and skating rink: These are recreational facilities that provide entertainment and leisure activities. They are generally privately-owned and operated for profit, rather than being public goods and services.
C. Grocery store and hospital: Grocery stores are private enterprises that provide goods for purchase, and hospitals are often privately owned or operated through public-private partnerships. Both fall more into the category of private goods and services.
D. Playground and neighborhood park: These are examples of public goods and services. Playgrounds and neighborhood parks are typically provided and maintained by local governments, funded through tax revenues, and meant for public use without exclusion.
Hence, option D. playground and neighborhood park is the best categorization of public goods and services among the given choices.
D for Darmon haha
Yes
Yes
Yes D