1. Using appropriate examples, highlight four benefits of progressive taxes in developing countries. 2. Sole proprietors and...

Fantastic news! We've Found the answer you've been seeking!

Question:

1. Using appropriate examples, highlight four benefits of progressive taxes in developing countries.

2. Sole proprietors and partnerships in developing countries should not be taxed. Do you agree or disagree with this statement. Justify your position.

Related Book For answer-question

Strategic management concepts

ISBN: 978-0136120995

13th Edition

Authors: Fred david

See More Books

Posted Date: May 05, 2022 04:20 AM

See More Questions

Do you agree or disagree with this statement "The criminal justice system of the US is too lenient" Why or why not? Explain your position.
Do you agree or disagree with the following statements? Explain. (a) Validity is more critical to measurement than reliability. (b) Content validity is the most difficult type of validity to...
Do you agree or disagree with the following statement? Television viewers are passive viewers of ads, whereas Internet users take an active role in choosing what to look at-so customers on the...
Mr. Mo carries on business as a sole proprietor. The fiscal year end of the business is December 31. During 2020, its first year of operation, net business loss amounts to $72,000. In addition, the...
Listed below are the salaries, in $000, for a sample of 15 chief financial officers in the electronics industry. a. Determine the mean, median, and the standard deviation. b. Determine the...
4) Assume has two inputs in production, labor (L) and capital (K). The production function is given as: 1 q(L,K) = 11/3. K2/3 Also, assume that, in the short-run, the firm has already invested in 8...
Following are selected questions from an internal control questionnaire relating to a company's personnel and payroll functions. A Yes response would indicate a potential strength of the system, and...
Cody Macedo established an insurance agency on January 1 of the current year and completed the following transactions during January: a. Opened a business band account with a deposit of $75,000 in...
- Aspen Ski Resorts has 150 employees, each working 40 hours per week and earning $15 an hour. Although the company does not p any health or retirement benefits, one of the perks of working at Aspen...
The following unadjusted trial balance is for Power Demolition Company as of the end of its April 30, 2013, fiscal year. The April 30, 2012, credit balance of the owners capital account was $46,900,...
A company determines that the cost of making x units of a commodity is C(x) = 500000+ 2.5x -0.0007x and the price function is given by p(x) = 5 0.02x a) For what production level will the cost of...
_______________________ In the two-sample t test, the number of degrees of freedom for the test statistic increases as sample sizes increase.
A woman has eight skirts and four blouses. Assuming that they all match, how many different skirt and- blouse combinations can she wear?
_______________________ One of the assumptions underlying the use of the (pooled) two-sample test is that the samples are drawn from populations having equal means.
_______________________ If the calculated value of the t statistic is negative, then there is strong evidence that the null hypothesis is false.
_______________________ It is not necessary to have equal sample sizes for the paired t test.
1.) Pick the statement that applies to NASDAQ from below. Composed of four separate markets Exchange floor located in Chicago Provides two levels of information access Designated market maker system...
(a) Prove that form an orthonormal basis for R3 for the usual dot product. (b) Find the coordinates of v = (1, 1, 1)T relative to this basis. (c) Verify formula (5.5) in this particular case. 48-65...
How does the Sarbanes-Oxley Act of 2002 impact boards of directors?
Show algebraically that the price earnings ratio formula is identical to the number of shares outstanding times stock price formula. Why are the values obtained from these two methods sometimes...
Describe the management information system at your college or university.
Using the notation of Exercise 4, assume that $\sum_{i=1}^{n} 1 / r_{i}=1$, but try to find a solution where one of the $\alpha_{k}$ 's is zero. In particular, suppose the segments are ordered in...
Suppose there are $n$ stocks. Each of them has a price that is governed by geometric Brownian motion. Each has $v_{i}=15 \%$ and $\sigma_{i}=40 \%$. However, these stocks are correlated, and...
The Dow Jones Industrial Average is an average of the prices of 30 industrial stocks with equal weights applied to all 30 stocks (but the sum of the weights is greater than 1). Occasionally (about...

1. Using appropriate examples, highlight four benefits of progressive taxes in developing countries. 2. Sole proprietors and...

Question:

Expert Answer:

SOLUTION Page 1 Progressive taxation A progressive tax is a tax in which the tax rate increases as t... View the full answer

Strategic management concepts

Students also viewed these law questions