lol

lol

Wednesday, September 26, 2012

HL2 Bw012


HL2 Bw012
1.       Distingish between progressive, regressive and propotional taxation, provide examples of all.
Progressive- As income raises so do taxes within tax brackets. The United states does this as do most countries.
Regressive taxes- The proportion of income paid in tax falls as income rises. All Vat taxes are like this as people with higher income pay less of a proportion on their goods.
Proportional taxes- Constant for all income levels. Ros Perot ran in 92 and 96 on the platform of a flat tax.

2.       Demonstrate the effect of each type of taxation on the Lorenz curve

3.       Explain 2 methods other than direct taxes that governments can use as methods to resditribute income in favor of lower income groups.

Govs can use transfrer payment to redistribute income and provide assistance to groups who need it.

+Benefits

No comments:

Post a Comment