NLMB4700 NLMB4700
  • 04-01-2020
  • Social Studies
contestada

When tax rates are too high, a decrease in tax rates will cause a(n) __________ in the tax revenue.

Respuesta :

rejkjavik rejkjavik
  • 04-01-2020

Answer:

decrease.

Explanation:

The laffer curve is a curve that is used to describe the relationship between the tax rate and tax revenue. if government-induced high tax rates then it directly affects the tax revenue due to the negative impact on investment activities. while on the other side if the government cut the tax rate then it will encourage the economic stability and enhance the tax revenue

Answer Link

Otras preguntas

What other continents directly touch Asia
the last time i visited aswan ............ in 2017
What is the smallest positive integer $n$ such that $\sqrt[3]{1323 \cdot n}$ is an integer?
Which of the following statements regarding tip income is true? A. If the taxpayer is an indirectly tipped employee (for example, a busser or bartender) he or s
is 84 feet in 12 seconds equivalent to 217 feet in 31 seconds
Find the midpoint of the segment with the following endpoints. (-5,-4)(-8,3)
How can two people have completely different personalities from each other? Support your argument with logical examples from your knowledge of Allport’s’ Trait
Unit overview definition
Microsoft word is ____ software. (A) Application (B) Compiler (C) System (D) Programming
Assume m1 = 1 kg, m2 = 3 kg, and x1 = 1 m, x2 = 5 m, where is the center of mass of these two objects?