Multiple Choice
Which of the following is not an example of a tax causing an economic dislocation?
A) A high income individual chooses to invest in tax free municipal bonds over corporate bonds which have a higher advertised rate.
B) A car dealership holds a gigantic sale to reduce its inventory before property taxes are assessed
C) High income individuals pay a greater amount of taxes than do low income people, but high income individuals are not guaranteed more public services.
D) None of the above-all are examples of dislocation.
Correct Answer:
Verified
Correct Answer:
Verified
Q5: In a regressive tax rate structure:<br>A) the
Q6: Why is it not appropriate to compare
Q7: The marginal tax rate equals:<br>A) tax paid
Q8: Governments in the United States use a
Q9: Excluding any legislated changes in statutory tax
Q10: The idea that individuals with the same
Q11: A tax levied on a business will:<br>A)
Q12: The concept of vertical equity states that:<br>A)
Q13: Which of the following is correct?<br>A) More
Q15: Real property taxes tend to have significantly