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April 23, 2014

Search: Economics-Tax Question

Number of results: 10,172

Economics
What describes a tax that is assessed according to benifits received principle? a.) Thosew who recieve direct payment of the money tha tax generates are the people who pay the tax b.) Those who pay the tax recieve the benifits the tax provides. c.)One group recieves benefits ...
Thursday, April 11, 2013 at 10:56am by Brianna

government(taxes)
Sales Tax Trash tax Electricity tax State income tax Gasoline tax Property tax Federal telephone excise tax Excise tax social security tax environmental tax gift tax real estate tax federal taxes water and power tax
Sunday, August 3, 2008 at 9:39pm by lou

Economics
A monopolist is in long-run equilibrium and earning economic profits equal $100 million. The government imposes a lump sum tax of $100 million on the monopolist. (A limp sum tax is a tax the monopolist must pay regardless of its level of output) Will this tax: a) cause the ...
Saturday, December 3, 2011 at 9:26pm by Jim

Economics
A tax imposed on a maket with an inelastic demand and an elastic supply will cause: a)sellers to pay the majority of the tax b)buyers to pay the majority of the tax c)the tax burden to be w
Monday, April 7, 2008 at 9:45am by G

Economics
A tax imposed on a market with an inelastic demand and an elastic supply with cause: A)sellers to pay the majority of the tax B)buyers to pay the majority of the tax C)the tax burden to be equally devided between buyers and sellers D)the tax burden to be divided, but it cannot...
Monday, April 7, 2008 at 9:48am by G

home economics
illustrate each policy in a supply and demand digram of the gun market. a. a tax on gun buyers, b. a tax on gun sellers, c. a price floor in guns , d. a tax on ammunition
Thursday, September 24, 2009 at 7:02pm by melissa

government(taxes)
I am looking for a list of California state taxes. So far this all I have: 1) Sales Tax 2) Trash tax 3) Electricity tax 4) State income tax 5) Gasoline tax 6) Property tax 7) Federal telephone excise tax 8) Excise tax 9) social security tax 10) environmental tax 11) gift tax ...
Sunday, August 3, 2008 at 9:39pm by lou

Economics
What happens to the percentage of an income that is taxed when income rises and the tax is a proportional one? A. The percentage of tax falls. B. The percentage of tax rises. C. The percentage rises and then falls. D. The percentage of tax stays the same. I'm guessing the tax ...
Monday, June 4, 2012 at 9:28pm by Anonymous

Economics
I don't know, I wasn't given a property tax...unless there's an official tax % for a certain amount of income....
Tuesday, September 22, 2009 at 6:36pm by Stan

economics
consumers pay $4, producers get $2, ergo the tax is $2 per case. time 6 million and the tax revenue is $12M
Friday, October 16, 2009 at 12:05am by economyst

economics
Ali pays Rs. 855 property tax.What is the assesed value of his home, if the tax rate in his locality is 2.5% ?
Thursday, October 13, 2011 at 12:43am by Anonymous

Economics
Suppose that the equilibrium quantity in the market for widgets has been 200 per month. Then a tax of $5 per widget is imposed on widgets. The price paid by buyers increases by $2 and the after-tax price received by sellers falls by $3. The government is able to raise $750 per...
Saturday, November 12, 2011 at 9:37am by Samantha

Economics
I'm trying to research for a paper about why we shouldn't have flat tax rate, and a reason that i'm seeing people putting online, is that a flat tax rate of say, 18% would decrease tax revenue? Can someone explain how? I don't understand how taxes work.
Monday, September 26, 2011 at 9:24pm by Anna

Economics
The Keynesian Multiplier under lump sum taxes A. Smaller than that under proportional tax B. Equal to that under proportional tax C. Larger than that under proportional tax D. Can be larger or smaller depending upon the size of the tax Choose the right answer from A, B, C or D?
Wednesday, March 17, 2010 at 4:47pm by Salman

Economics-Tax Question
I know the answer to the following question is either (c) regressive tax augement or (d) the ability-to-pay principal. I am not sure which one? "A $1,000.00 tax paid by a poor person may be a larger sacrifise than a $10,000 tax paid by a wealthy person" is an argrment based on...
Tuesday, April 8, 2008 at 1:25pm by G

economics
Payroll Tax- You are an economic consultant to a city that just imposed a payroll tax of $1 per hour of work. This payroll tax is paid by workers through a payroll deduction; for each hour of work, the employer deducts $1 and sends the money to the city government. The initial...
Tuesday, November 29, 2011 at 4:38pm by Anonymous

Economics
d. a proportional tax Because the cost of the home is proportional to the property tax. If home value is high, tax is high. Also, the opposite can be true.
Monday, May 10, 2010 at 5:50pm by Anonymous

economics
How could a tax cut achieve the same result? Would the tax cut have to be larger than the increase in government purchases? Why or why not?
Monday, February 22, 2010 at 9:11pm by Anonymous

Tax
Anyone knows what's the tax rate in Minnesota? I don't know the name of the tax, but I meant the tax you got taken away from your check when you work. Income tax? I web site with various tax rates corresponding to different level of income earned would be nice. Thanks ahead!
Thursday, December 27, 2007 at 5:57pm by Daisy

Economics
Tax cuts? Cutting which government expenses? Tax increases? Government creation of jobs?
Monday, March 14, 2011 at 5:05pm by Ms. Sue

economics
Assume that the demand for gasoline is inelastic. The government imposes a sales tax on gasoline. The tax revenue is used to fund research into clean fuel alternatives to gasoline, which will improve the air we all breathe. a. Who bears more of the excess burden of this tax: ...
Tuesday, November 18, 2008 at 6:16pm by laila

Need HELP ASAP - PLEASE ` economics
In recession more money needs to be circulating 1) tax cut 2)spend on subsidies for farms Tax increases and sale of bonds take cash out of circulation
Wednesday, July 7, 2010 at 12:35am by Damon

Economics
Property taxes, which are calculated as a percentage of the value of a home, are an example of a. the benefits- recieved principle b. a regressive tax c. the ability to pay principle d. a proportional tax
Monday, May 10, 2010 at 5:50pm by Mary

Economics
Property Tax The Jones family earns $225,000 a year. What % is the property tax of their income? 0.44% 1% 4.4% 0.1% Can anyone please explain me how to do this question? I wasn't given a % amount or anything...
Tuesday, September 22, 2009 at 6:36pm by Stan

tax
In which of the following situations would a taxpayer be better off to take the foreign taxes paid as an itemized deduction rather than as a foreign tax credit? A. The foreign tax paid was less than 10% of AGI B. The foreign tax paid was to a South American country C. The ...
Monday, April 2, 2012 at 4:26pm by Andy

Economics
An increase in the tax rates on the underground will have no effect on tax revenue since 0 x tax rate = 0. Since the underground is not reported or illegal. However, underground goods and services will now be cheaper since the other goods and services will be more expensive ...
Tuesday, June 19, 2012 at 7:07pm by Jackie

ECONOMICS
A senator wants to raise tax revenues and make workers better off. A staff member proposes raising the payroll tax paid by firms and using part of the extra revenues to reduce the payroll tax paid by workers. Would this strategy achieve the senator's goal? Explain.
Friday, March 15, 2013 at 11:42pm by RAJA

Economics
Suppose that the Government runs a pension fund to which all workers must contribute. The employee contribution rate is 6.2 percent on the first $84,900 of income. All income in excess of $84,900 is not taxed for pension purposes. What was the effective pension tax rate for a ...
Thursday, March 8, 2007 at 2:29pm by Tisha

ECONOMICS
Suppose you are a typical person in the U.S. economy. You pay 4 percent of your income in state income tax and 15.3 percent of your labor earnings in federal payroll taxes (employer and employee shares combined). You also pay federal income taxes as in Table 3. How much tax of...
Thursday, April 22, 2010 at 1:30pm by Anonymous

Economics
4. Which of the following statements are positive in nature and which are normative? a. A tax cut will raise interest rates. I think it is Normative Economics
Tuesday, January 17, 2012 at 2:25am by Matt

economics
the average tax charge is $95. Assuming a normal distribution as a standard deviation of $10, use the approximate areas beneath the normal curve to answer what proportion of tax prep fees were exactly $100?
Saturday, December 15, 2012 at 2:43pm by Anonymous

Macroeconomics
If your are in a first-year macro economics course then... 1) yes government purchases can increase total income. 2) cutting taxes could achieve the same result, 3) But the tax cut would need to be larger because the tax multiplier is one less than the government multiplier. ...
Wednesday, September 27, 2006 at 5:40pm by economyst

economics
what are the arguments of high income, middle income, low income and corporate tax payers who are critical o the Canadian government's income tax policy.
Sunday, March 7, 2010 at 5:44pm by Anonymous

HISTORY
In 2001, President George W. Bush signed the Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA). This bill called for large tax cuts just as the Economic Recovery Act of 1981 had and largely benefited the wealthiest Americans. President Bush’s approach to ...
Friday, May 4, 2012 at 10:25pm by JO

economics
With respect to work incentives, studies indicate that decreases in tax rates lead some people to work more but lead others to work less. Those who work more are enticed by the higher after tax pay; they substitute work for leisure because of the opportunity cost of leisure ...
Monday, December 14, 2009 at 9:28pm by Shaena B

Economics
If the federal government enacts a tax on a monopoly, how would you expect the additional tax to affect the following: 1. Output produced by the monopoly 2. Prices charged by the monopoly 3. Profits of the monopoly
Tuesday, February 14, 2012 at 3:10am by Nicole

Economics
The marginal tax rate is defined as the extra taxes paid on additional income divided by the increase in income. Calculate the marginal tax rate for the proportional tax system as income rises from $50,000 to $100,000. Calculate the marginal tax rate as income rises from $100,...
Tuesday, November 14, 2006 at 3:08pm by Sally

Economics
The marginal tax rate is defined as the extra taxes paid on additional income divided by the increase in income. Calculate the marginal tax rate for the proportional tax system as income rises from $50,000 to $100,000. Calculate the marginal tax rate as income rises from $100,...
Monday, November 13, 2006 at 1:30am by Sally

debate
1. What are the advantages of our current tax system? What are the disadvantages? 2. What groups are hurt most by a “flat tax?” What groups profit the most? 3. Explain what tax deductions, tax credits, and tax shelters are (look them up if necessary). Why has the government ...
Friday, August 24, 2007 at 1:52am by Jason

economics
I'm not sure if you are asking for help in solving a simple and specific economics problem (What happens to tax revenues in a community if they raise taxes on cigarettes?) Or a more general question involving the character of the long run demand for cigarettes in light of ...
Sunday, April 13, 2008 at 9:20pm by economyst

economic
Do a google search on the concept of a “flat tax.” Explain how this tax scheme works and does it meet the criteria of tax efficiency and tax fairness/equity?
Tuesday, November 18, 2008 at 8:33pm by laila

Economics
Property tax is paid on property owned - usually a person's home. The percentage and amount varies from one place to another. You can't do this problem without knowing the amount of the property tax.
Tuesday, September 22, 2009 at 6:36pm by Ms. Sue

Economics-Repost of Question
I am not getting any of the answers that are provided for this question: Price $16--------|---....| $14........|----...| $12-----TAX|-----..| $10........|----...| $8...
Sunday, April 6, 2008 at 4:10pm by G

economics
IF I have a perfectly elastic supply (horizontal), and the unit price of cigarettes goes up by increasing cigarette tax from 8 cents to $1.50, I know the quantity demanded goes down, but what happens in the long term (specifically in regards to tax revenues of the city?)
Sunday, April 13, 2008 at 9:20pm by Kurt

history
12. Link Past and Present In 2001, President George W. Bush signed the Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA). This bill called for large tax cuts just as the Economic Recovery Act of 1981 had and largely benefited the wealthiest Americans. ...
Tuesday, May 15, 2012 at 6:30pm by kayla

income tax
In which of the following situations would a taxpayer be better off to take the foreign taxes paid as an itemized deduction rather than as a foreign tax credit? A. The foreign tax paid was less than 10% of AGI B. The foreign tax paid was to a South American country C. The ...
Wednesday, April 4, 2012 at 3:33pm by Andy

Economics
I am not getting any of the answers for the consumer surplus that are provided for this question: Price $18--------|---``| $14````````|----`| $12-----TAX|-----| $10````````|----`| $8---------|---``| ```````````|`````| ```````````|`````| ```````````|`````| ```````````15`20`25...
Sunday, April 6, 2008 at 3:47pm by G

Global Economics
RedBall Productions is a new company based in Orem, Utah. RedBall supplies stock images of still photography. Utah's state corporate income tax consists of a flat tax rate of 5% on all corporate income. RedBall Production's taxable income in 2005 was $500,000. What amount of ...
Tuesday, October 22, 2013 at 8:12pm by Mak

Economics
Is this a Pigovian Tax? If the govenment were to impose a fee of $10,000 for each unit of air pollution released by a steel mill, this policy would be considered: A) A Subsidy B) A Regulation C) A Pigovian tax D) A Command-and-Control Policy A know it is not a subsidy or a ...
Monday, June 16, 2008 at 2:11pm by G

Economics
What is their property tax?
Tuesday, September 22, 2009 at 6:36pm by Ms. Sue

economics
Suppose that the government decides to charge cola consumers an excise tax. Before the tax, the market is in equilibrium, where 12 million cases of cola are sold every month at a price of $3.50 per case. After the tax, 6 million cases of cola are sold every month; consumers ...
Friday, October 16, 2009 at 12:05am by ben

economics
Individual Income tax
Monday, December 10, 2007 at 9:57am by economyst

Economics-Tax Question
Go with d)
Tuesday, April 8, 2008 at 1:25pm by economyst

Economics
what is sales tax? and what is it used for?
Sunday, May 4, 2008 at 9:34pm by Lane

Economics
Explain the difference between the government purchases multiplier and the net tax multiplier. If the MPC falls, what happens to the tax multiplier? Take a shot. What do you think is the difference. Hint: if government spending goes up by $100, then incomes immediately rise by...
Wednesday, September 27, 2006 at 5:39pm by looj

Economics
Are you telling me it ia a Pigovian tax?
Monday, June 16, 2008 at 2:11pm by G

Economics
Which tax is usually the most regressive ?
Saturday, June 11, 2011 at 6:03pm by Katina

economics
Suppose the income tax rate schedule is 0 percent on the first $10,000; 10 percent on the next $20,000; 20 percent on the next $20,000; 30 percent on the next $20,000; and 40 percent on any income over $70,000. Family A earns $28,000 a year and Family B earns $65,000 a year. ...
Tuesday, June 23, 2009 at 8:47pm by Margary

economics
income total spending $10,000 $10,000 20,000 18,000 50,000 35,000 100,000 60,000 If a sales tax of ten percent is levied on all purchases, calculate A. amoust of sales tax paid at each income level and B. the fraction f income paid in taxes at each income level Let X be pre-...
Monday, January 29, 2007 at 8:25pm by sheela

Finance
If I have $40,000 of pre-tax what are the differences between $1,000 tax credit versus a $1,000 tax deduction for a single taxpayer in the 25% tax bracket?
Friday, August 2, 2013 at 11:42am by Tricia

math
Find the sales tax rate in your area. Using this tax rate, write a linear equation representing the total with tax for a purchase of x dollars. Use this equation to determine what the pre-tax cost of the item is if the total cost with tax is $10.
Monday, May 31, 2010 at 11:46pm by Heather

Economics - Please Help
Suppose the economy has been producing its potential, but it is now experiencing a recession. Which of the following is a discretionary fiscal policy that would bring the economy closer to its potential output? Check all that apply. 1) A tax cut 2) A tax increase 3) The sale ...
Tuesday, July 6, 2010 at 11:19pm by BC

economics
An increase in personal income tax rates will cause a(n)
Monday, October 3, 2011 at 4:24pm by amanda

12grade economics
suppose that your state raises its sales tax from 5 percent to 6 percent. the state revenue commissioner forecasts a 20 percent increase in sales tax revenue . is this plausible? explain.
Tuesday, January 5, 2010 at 10:22am by aa

%
For x% tax, you divide the "tax-included" amount by 1+x. For $70 with 5.5% tax included, your pre-tax selling price is 70/(1.055)=$66.35. Note: this does not always work to the cent because of rounding.
Wednesday, September 22, 2010 at 6:43pm by MathMate

economics
That depends upon how the government spent this tax increase.
Sunday, October 17, 2010 at 4:24pm by Ms. Sue

economics
THe amount in the budget not covered by tax and other revenues
Sunday, July 22, 2012 at 12:00pm by alex

Economics
I don't know how you can predict or calculate such a thing. Some manufacturers will pass along most/all of the tax, while others will try to absorb as much as possible; still others may decide to shift their focus to other manufacturing areas; and some may decide to reduce ...
Tuesday, May 7, 2013 at 6:47am by Writeacher

Economics
One supply-side measure introduced by the Reagan administration was a cut in income tax rates. Use an aggregate demand/aggregate supply diagram to show what effect was intended. What might happen if such a tax cut also shifted the aggregate demand curve?
Monday, February 4, 2013 at 9:57pm by Anonymous

economics
According to the permanent income hypothesis, households will tend to react to a temporary tax cut by? A) assuming the new tax level will be permanent. B) saving most of the additional disposable income. C) increasing consumption sharply in response to the higher disposable ...
Thursday, October 3, 2013 at 8:31am by Tim

taxes
Yes, you need to file a 2010 tax form to claim a refund of withheld tax, or an earned income tax credit.
Tuesday, January 11, 2011 at 4:46am by drwls

economics PLEASE HELP
According to the permanent hypothesis, households will tend to react to a temporary tax cut by: A. assuming the new tax level will be permanent. B. saving most of the additional disposable income. C. increasing consumption sharply in response to the higher disposable income. D...
Monday, December 20, 2010 at 11:20pm by tony

math
You have made a purchase of $87.00. The state sales tax is 6% and the county tax is 1.25%. The total tax is _____ .
Sunday, February 6, 2011 at 4:41pm by Anonymous

math
You have made a purchase of $87.00. The state sales tax is 6% and the county tax is 1.25%. The total tax is _____ .
Sunday, February 6, 2011 at 4:41pm by Anonymous

Economics
I believe I understand your question. And the answers are yes and yes. On your graph, the tax is represented by the area of the rectangle defined by P (paid by consumers), P (received by sellers), and the quantities 0 and Q=new equalibrium. (The difference in the two prices ...
Sunday, April 20, 2008 at 7:42am by economyst

Economics
Why is there a loss in C.S. and gain in P.S. when there is a tariff in a small country where there are forward shift tax?
Friday, February 22, 2008 at 3:40pm by Celia

Accounting Tax
A taxable corporation faces a flat 35% marginal tax rate. What is the tax savings from an additional $100,000 deduction?
Monday, April 20, 2009 at 1:31pm by Jane

math
Maribel's city imposes a tax that is 40% of the state tax she pays. Her taxable income is $198.50 per week. Her state imposes tax at a rate of 5%. How much state and local tax is withheld from her weekly pay?
Monday, September 20, 2010 at 1:18pm by tynequa

homework
Maribel's city imposes a tax that is 40% of the state tax she pays. Her taxable income is $198.50 per week. Her state imposes tax at a rate of 5%. How much state and local tax is withheld from her weekly pay?
Wednesday, November 3, 2010 at 12:43pm by Anonymous

math
Maribel's city imposes a tax that is 40% of the state tax she pays. Her taxable income is $198.50 per week. Her state imposes tax at a rate of 5%. How much state and local tax is withheld from her weekly pay?
Monday, April 8, 2013 at 9:46am by kk

math
Maribel's city imposes a tax that is 40% of the state tax she pays. Her taxable income is $198.50 per week. Her state imposes tax at a rate of 5%. How much state and local tax is withheld from her weekly pay?
Thursday, May 16, 2013 at 7:20pm by shaun

consumer math
Maribel's city imposes a tax that is 40% of the state tax she pays. Her taxable income is $198.50 per week. Her state imposes tax at a rate of 5%. How much state and local tax is withheld from her weekly pay?
Monday, June 27, 2011 at 10:41am by bobby

consumer math
Maribel's city imposes a tax that is 40% of the state tax she pays. Her taxable income is $198.50 per week. Her state imposes tax at a rate of 5%. How much state and local tax is withheld from her weekly pay?
Monday, June 27, 2011 at 10:41am by kk

tax
I have two questions relating to taxes in 2 U.S. states. 1) Why is there no sales tax in Florida? 2) In Pennsylvania, why are these goods (ex. food, clothing, shoes) charge no tax?
Thursday, July 8, 2010 at 7:45am by AL 92

economics
The following information applies to the market for a particular items in the absence of a unit excise tax: Price($ per unit) Quantity Supplied Quantity Demanded 4 50 200 5 75 175 6 100 150 7 125 125 8 150 100 9 175 75 According to the information above, in the absence of a ...
Thursday, October 14, 2010 at 3:55pm by Anonymous

math
Multiply the pre-tax cost by the tax rate to get the tax collected. In the given case, pre-tax cost = $55 tax rate = 0.3% = 0.3/100 = 0.003 Tax collected = $55*0.003 = $0.17
Monday, October 18, 2010 at 5:58pm by MathMate

ECONOMICS
what is the long-term impact of the tax rebate check in terms of fighting a recession?
Tuesday, February 19, 2008 at 9:43pm by ineedhelp!

Economics
With the new UK emregncy budget what are the advanatages and disadvantages of decreasing the corporation tax?
Tuesday, July 6, 2010 at 1:58pm by Lily

Economics
"The government decides to increase tax- (ceteris parabis)". -> what is the effect of this in an economy?
Thursday, April 19, 2012 at 7:20am by CrissyXD

Economics
A decrease in the income tax rate _Increases_____ the value of the multiplier? That was my answer. Increases?
Monday, April 15, 2013 at 5:30pm by Linda

Economics
Suppose that your state raises its sales tax from 5 percent to 6 percent. The state revenue commissioner forecasts a 20 percent increase in sales tax revenue. Is this plausible? Explain. I would think not, because wouldn't the increase in sales tax shut out some people who do ...
Tuesday, November 14, 2006 at 5:05pm by Mary

Economics
Suppose that your state raises its sales tax from 5 percent to 6 percent. The state revenue commissioner forecasts a 20 percent increase in sales tax revenue. Is this plausible? Explain. I would think not, because wouldn't the increase in sales tax shut out some people who do ...
Friday, November 17, 2006 at 1:21pm by Marry

Finance
income tax sales tax VAT property tax
Thursday, October 10, 2013 at 6:42pm by Ms. Sue

Government USA-Help
Supply-side economics, during President Reagan’s administration, involved a. the supply component of the supply-demand equation. b. stressing the importance of tax cuts for businesses. c. stressing the importance of tax cuts for the wealthy. d. an increase in the size of the ...
Wednesday, October 5, 2011 at 1:56pm by HM

Macroeconomic
1. An example of an automatic stabilizer is A. a temporary tax rebate. B. the progressive income tax.Student Response C. cost of living adjustments to social security payments. 2. Which of the following represent expansionary fiscal policy? A. an increase in average individual...
Tuesday, June 8, 2010 at 4:22pm by Bob

7th grade Math
MegaMart collects a sales tax equal to 1/16 of the retail price of each purchase and sends this money tp the state government. a. Is the amount of tax collected proportional to the cost of an item before tax is added? b. Is the amount of tax collected proportional to the cost ...
Sunday, October 21, 2012 at 5:45pm by Cassidy

math please help ms.sue
MegaMart collects a sales tax equal to 1/16 of the retail price of each purchase and sends this money to the state government. a. Is the amount of tax collected proportional to the cost of an item before tax is added? b. Is the amount of tax collected proportional to the cost ...
Sunday, October 21, 2012 at 6:46pm by Cassidy

Economics
A. How can a tax on commodity be shifted forwards and backwards? B. What determines the amount of forward shifting that will occur?
Friday, May 9, 2008 at 12:53pm by Ryan

economics
If the government imposes a payroll tax on a monopsonist, do the wages go down along with the employment?
Tuesday, March 31, 2009 at 3:04pm by lam

economics
assume a 10 percent sales tax is levied on all consumption, complete the following
Tuesday, July 24, 2012 at 4:01am by Anonymous

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