The rate of tax increase as the amount of the Lax base Increases is called- (1) Proportional tax (2) Progressive tax (3) Regressive tax (4) Degressive tax

The rate of tax increase as the amount of the Lax base Increases is called- (1) Proportional tax (2) Progressive tax (3) Regressive tax (4) Degressive tax
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(2) Progressive tax Explanation: A progressive tax is a tax in which the tax rate increases as the taxable amount increases. The term "progressive" refers to the way the tax rate progresses from low to high, with the result that a taxpayer's average tax rate is less than the person's marginal tax rate
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The rate of tax increase as the amount of the tax base increases is called (1) Proportional tax (2) Progressive tax (3) Regressive tax (4) Degressive tax

Description : The rate of tax increase as the amount of the tax base increases is called (1) Proportional tax (2) Progressive tax (3) Regressive tax (4) Degressive tax

Last Answer : Progressive tax 

Indirect taxes by nature are - (1) degressive (2) regressive (3) progressive (4) proportional

Description : Indirect taxes by nature are - (1) degressive (2) regressive (3) progressive (4) proportional

Last Answer : (2) regressive Explanation: An indirect tax is one in which the burden can be shifted to others. The tax payer is not the tax bearer. The impact and incidence of indirect taxes are on ... nature. Therefore, individuals would not be de-motivated to work and to save, which may increase investment.

Indirect taxes by nature are (1) degressive (2) regressive (3) progressive (4) proportional

Description : Indirect taxes by nature are (1) degressive (2) regressive (3) progressive (4) proportional 

Last Answer : regressive

If the tax rate increases with the higher level of income, it shall be called - (1) Proportional tax (2) Progressive tax (3) Lump sum tax (4) Regressive tax

Description : If the tax rate increases with the higher level of income, it shall be called - (1) Proportional tax (2) Progressive tax (3) Lump sum tax (4) Regressive tax

Last Answer : (2) Progressive tax Explanation: A progressive tax is a tax by which the tax rate increases as the taxable base amount increases." Progressive" describes a distribution effect on income or expenditure, ... -to-pay, as they shift the incidence increasingly to those with a higher ability-to-pay.

If the tax rate increases with the higher level of income, it shall be called (1) Proportional tax (2) Progressive tax (3) Lump sum tax (4) Regressive tax

Description : If the tax rate increases with the higher level of income, it shall be called (1) Proportional tax (2) Progressive tax (3) Lump sum tax (4) Regressive tax

Last Answer : Progressive tax

The tax is question #2 is: a. progressive b. regressive c. proportional

Description : The tax is question #2 is: a. progressive b. regressive c. proportional

Last Answer : a. progressive

. The tax is question #2 is: a. progressive b. regressive c. proportional

Description : . The tax is question #2 is: a. progressive b. regressive c. proportional

Last Answer : a. progressive

Which of the following sets belongs to Central tax? (1) Excise duty, Sales tax and Custom duty (2) Excise duty, Custom duly and Income tax (3) Income tax, Custom duty and House, Lax (4) Custom duty, Entertainment tax and Income tax

Description : Which of the following sets belongs to Central tax? (1) Excise duty, Sales tax and Custom duty (2) Excise duty, Custom duly and Income tax (3) Income tax, Custom duty and House, Lax (4) Custom duty, Entertainment tax and Income tax

Last Answer : (2) Excise duty, Custom duly and Income tax Explanation: The Central Indian Government that is officially named as the "Union Government" is responsible for the imposition of both direct taxes as ... and Securities Transaction Tax. The indirect taxes are: Customs Duty; Excise Duty and Service Tax.

A tax is said to be regressive when its burden falls - (1) less heavily on the poor than on the rich (2) more heavily on the poor than on the rich (3) equally on the poor as on the rich (4) None of these

Description : A tax is said to be regressive when its burden falls - (1) less heavily on the poor than on the rich (2) more heavily on the poor than on the rich (3) equally on the poor as on the rich (4) None of these

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Which of the following taxes is regressive? a. the federal income tax b. the state income tax c. the sales tax d. the Medicare tax

Description : Which of the following taxes is regressive? a. the federal income tax b. the state income tax c. the sales tax d. the Medicare tax

Last Answer : c. the sales tax

4. Which of the following taxes is regressive? a. the federal income tax b. the state income tax c. the sales tax d. the Medicare tax

Description : 4. Which of the following taxes is regressive? a. the federal income tax b. the state income tax c. the sales tax d. the Medicare tax

Last Answer : c. the sales tax

A tax is said to be regressive when its burden falls (1) less heavily on the poor than on the rich (2) more heavily on the poor than on the rich (3) equally on the poor as on the rich (4) None of these

Description : A tax is said to be regressive when its burden falls (1) less heavily on the poor than on the rich (2) more heavily on the poor than on the rich (3) equally on the poor as on the rich (4) None of these

Last Answer : more heavily on the poor than on the rich

Personal taxes in India best illustrates a (a) Proportional tax system ; (b) Progressive tax system (c) Indirect tax system ; (d) Value added tax system

Description : Personal taxes in India best illustrates a (a) Proportional tax system ; (b) Progressive tax system (c) Indirect tax system ; (d) Value added tax system

Last Answer : (b) Progressive tax system 

Under progressive taxation, the real value of tax on a given level of real income : (a) decreases under inflation (b) rises under depression (c) rises under inflation (d) remains unchanged under inflation

Description : Under progressive taxation, the real value of tax on a given level of real income : (a) decreases under inflation (b) rises under depression (c) rises under inflation (d) remains unchanged under inflation

Last Answer : (c) rises under inflation

what tax firms do I use for the 480-a forest tax lax?

Description : what tax firms do I use for the 480-a forest tax lax?

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A commission or fee paid, when an agent or an individual sells an investment such as mutual funds or annuity is known as _________ A. Redemption fee B. Service Charge C. Regressive tax D. Sales tax

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Last Answer : A. Redemption fee Explanation: A mutual fund redemption fee, also referred to as a -market timing fee , or -short-term trading fee , is a charge by a mutual fund company to discourage investors from ... (i.e. a purchase, typically a transfer, followed by a sale within a short period of time).

Buoyancy of a tax is defined as - (1) percentage increase in tax revenue/ percentage increase in tax base (2) increase in tax revenue/ percentage increase in tax coverage (3) increase in tax revenue/increase in tax base (4) percentage increase in tax revenue/ increase in tax coverage

Description : Buoyancy of a tax is defined as - (1) percentage increase in tax revenue/ percentage increase in tax base (2) increase in tax revenue/ percentage increase in tax coverage (3) increase in tax revenue/increase in tax base (4) percentage increase in tax revenue/ increase in tax coverage

Last Answer : (3) increase in tax revenue/increase in tax base Explanation: Buoyancy means the growth/increase in tax collections. This is in line with the GDP growth within the economy, the industry profile and the tax ... rate and in the tax base in relation to the GDP is termed the buoyancy of the tax system.

Buoyancy of a tax is defined as (1) percentage increase in tax revenue/percentage increase in tax base (2) increase in tax revenue/ percentage increase in tax coverage (3) increase in tax revenue/increase in tax base (4) percentage increase in tax revenue/ increase in tax coverage

Description : Buoyancy of a tax is defined as (1) percentage increase in tax revenue/percentage increase in tax base (2) increase in tax revenue/ percentage increase in tax coverage (3) increase in tax revenue/increase in tax base (4) percentage increase in tax revenue/ increase in tax coverage

Last Answer :  increase in tax revenue/increase in tax base

A tax is characterized by horizontal equity if its liability is - (1) proportional to the income of tax payers (2) similar for tax payers in similar circumstances (3) proportional to the expenditure of tax payers (4) the same for every tax payer

Description : A tax is characterized by horizontal equity if its liability is - (1) proportional to the income of tax payers (2) similar for tax payers in similar circumstances (3) proportional to the expenditure of tax payers (4) the same for every tax payer

Last Answer : (1) proportional to the income of tax payers Explanation: The principle of equity includes both horizontal and vertical. Equity is determined by first assessing an individual's ability-to-pay. The idea of ... equity suggests it is fair for people of equal ability to pay the same amount in taxes.

A tax is characterised by horizontal equity if its liability is (1) proportional to the income of tax payers (2) similar for tax payers in similar circumstances (3) proportional to the expenditure of tax payers (4) the same for every tax payer

Description : A tax is characterised by horizontal equity if its liability is (1) proportional to the income of tax payers (2) similar for tax payers in similar circumstances (3) proportional to the expenditure of tax payers (4) the same for every tax payer

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Why is income tax called progressive tax ?

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Farida had not comprehended how big the tree was until she stood at its base. is it a perfect, progressive, or simple sentence?

Description : Farida had not comprehended how big the tree was until she stood at its base. is it a perfect, progressive, or simple sentence?

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Is progressive taxation really a transfer of wealth, or do the wealthy remain wealthy even with a progressive tax system?

Description : Is progressive taxation really a transfer of wealth, or do the wealthy remain wealthy even with a progressive tax system?

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Which of the following would be a progressive tax?

Description : Which of the following would be a progressive tax?

Last Answer : People earning $35,000 pay 10 percent tax, while people earning $100,000 pay 30 percent tax.

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Description : Indicate the false statement about the resistance of a wire – (1) it depends on material of wire (2) it is directly proportional to the length of wire (3) it is directly proportional to the area of crosssection of wire (4) resistance of metallic wire increases with increase in temperature

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The shear strength of a soil (A) Increases with an increase in the normal stress (B) Is proportional to the cohesion of the soil (C) Is generally known as the strength of the soil (D) All the above

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Indicate the false statement about the resistance of a wire (1) it depends on material of wire (2) it is directly proportional to the length of wire (3) it is directly proportional to the area of cross-section of wire (4) resistance of metallic wire increases with increase in temperature

Description : Indicate the false statement about the resistance of a wire (1) it depends on material of wire (2) it is directly proportional to the length of wire (3) it is directly proportional to the area of cross-section of wire (4) resistance of metallic wire increases with increase in temperature

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Indirect tax means : (1) there is not direct relationship between the tax payer and the government. (2) direct relationship between tax payer and the government. (3) tax base is income (4) the incidence and impact are on the same person on whom tax is imposed.

Description : Indirect tax means : (1) there is not direct relationship between the tax payer and the government. (2) direct relationship between tax payer and the government. (3) tax base is income (4) the incidence and impact are on the same person on whom tax is imposed.

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Indirect tax means : (1) there is not direct relationship between the tax payer and the government. (2) direct relationship between tax payer and the government. (3) tax base is income (4) the incidence and impact are on the same person on whom tax is imposed.

Description : Indirect tax means : (1) there is not direct relationship between the tax payer and the government. (2) direct relationship between tax payer and the government. (3) tax base is income (4) the incidence and impact are on the same person on whom tax is imposed.

Last Answer : there is not direct relationship between the tax payer and the government.

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Can you recommend an affordable hotel/motel near LAX?

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Description : Is there an airport shuttle service at LAX?

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What does the (X) stand for in LAX?

Description : What does the (X) stand for in LAX?

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Assuming, for the purpose of this question, the effectiveness of regressive hypnosis, do you think it could lead to suicide (explanation if you click)?

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Description : What is Regressive ?

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Last Answer : (B) CA 2

With increase in gas rate, the number of transfer units, NtoG, for a fixed degree of absorption by a fixed amount of solvent (A) Increases (B) Decreases (C) Decreases linearly (D) Remains unaffected

Description : With increase in gas rate, the number of transfer units, NtoG, for a fixed degree of absorption by a fixed amount of solvent (A) Increases (B) Decreases (C) Decreases linearly (D) Remains unaffected

Last Answer : (A) Increases

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