WORTH 20 POINTS!!! One of the ways that has been suggested to alleviate the burden of taxation on the average citizen is lowering the income tax. Explain how this move would affect the revenue stream for federal, state, and local governments in regard to income tax revenue and sales tax revenue.

Answers

Answer 1

Answer:

Cutting taxes reduces government revenues,at lease in the short term, and creates either a budget deficit or increased sovereign debt. The natural countermeasure would be to cut spending.

or...

Lowering the income tax would definitely help raise funds for local governments without hurting any other revenue stream because local governments don’t collect income taxes. With lower income taxes, there is more money for each family to spend and more opportunities for local governments to collect sales tax. State Government: Revenue is gained and lost in for state governments. Money is lost if the income tax is reduced, because the states do collect income taxes. However, states also collect the bulk of the sales tax, and the more money that consumers get to keep, the more money they’ll spend buying products that can be taxed. Federal Government: This move would be bad for the federal government’s revenue stream. Lowering the income tax means less revenue coming into the federal government, and the federal government does not collect sales taxes.

Explanation:

Answer 2

Answer:

Cutting taxes reduces government revenues,at lease in the short term, and creates either a budget deficit or increased sovereign debt. The natural countermeasure would be to cut spending.

or...

Lowering the income tax would definitely help raise funds for local governments without hurting any other revenue stream because local governments don’t collect income taxes. With lower income taxes, there is more money for each family to spend and more opportunities for local governments to collect sales tax. State Government: Revenue is gained and lost in for state governments. Money is lost if the income tax is reduced, because the states do collect income taxes. However, states also collect the bulk of the sales tax, and the more money that consumers get to keep, the more money they’ll spend buying products that can be taxed. Federal Government: This move would be bad for the federal government’s revenue stream. Lowering the income tax means less revenue coming into the federal government, and the federal government does not collect sales taxes.


Related Questions

name three states that would be considered "Safe" democratic states?​

Answers

Answer:

Oregon, New York, Rhode Island, Washington, Hawaii and Massachusetts are the most democratic.

Explanation:

They have not voted for a republican since 1984 and almost always vote blue.

Immigrants from which country faced the most extensive discrimination in/by the US?

A.Italy

B.Ireland

C.China

D.Poland

Answers

Answer:

D. Poland. Have a nice day. :)

Explanation:

Answer:

Im not sure but maybe Poland?

Explanation:

If I was right, plz click the Thanks button!

<Jayla>

Based on the images on the previous page, identify three effects that nationalism can have.

Answers

Answer:

Three effects of nationalism:

1. It makes citizens to honour their nation.

2. It promotes the need for independence in a nation under oppressive rule.

3. It supports and encourages good governance in every sphere of the society.

Explanation:

Nationalism refers to one's strong interest and passion in supporting the progress of his/her nation.

From the excerpt, we see that nationalism results in honour for the nation. Also, it promotes and projects the need for independence in nations that are yet under tyrannical rulership. It supports and encourages the need for good governance.

Nationalism shows that one is a patriotic citizen.

True or false
If U.S. citizens become dissatisfied with the way their representatives are governing, there is nothing they can do

Answers

Answer:

False

Explanation:

Answer:

i believe the answer is False

Explanation:

Which reformer took up the cause of exposing the dangers and disgraceful working conditions of child labor?


a. Upton Sinclair


b. Samuel McClure


c. Mother Jones


d. Ida Tarbell

Answers

Answer:

C. Mother Jones

Explanation:

I hope that this has helped! :)

In order for a U.S. territory to become a U.S. state it had to

Answers

Answer:

Once the territory meets the requirements of Congress, Congress votes. A simple majority in the House and the Senate is all that is required to make a new state. Once this takes place, the territory becomes a State, and has all the rights, responsibilities, and powers of a State.

Explanation:

What is a “lay brother?”
a.
A person who takes care of the daily maintenance of the mission.
b.
A friar who teaches Christianity and leads the mission in prayer.
c.
A Native American who is seeking conversion.
d.
A soldier stationed at the mission.

Answers

Answer:

A

Explanation:

"A lay brother is a member of a religious order, particularly in the Catholic Church and Eastern Orthodox Church, who fulfills a role focused upon manual service and secular matters,"

Answer:

ithe answer is d

Explanation:

it's some one that doesn't take role of a part every time,so its d

What was Tecumseh’s main goal in working with the British?
to divide the attention of American soldiers
to draw the United States into the War of 1812
to ensure access to British imports
to protect American Indian lands from white settlement

Answers

Answer:

D

Explanation:

I got it right on edge

Answer:

D

Explanation:

How has the use of gladiators influenced today's society?

Answers

Football players could be modern-day gladiators, but they could also be modern-day chariot racers. Boxers could be modern-day gladiators, but then what of ancient-day boxers? Mixed martial arts seem like a pretty good fit, but then again, MMA also seems more like pankration.

Answer:

gladiators influenced today's society by influencing the Olympics in Olympia

Explanation:

The first two settlements of the English in the new world were what?

Answers

The first two settlements were at Jamestown, Virginia and Plymouth, Massachusetts. Hope this helps :)
The first colony was founded at Jamestown, Virginia, in 1607. Many of the people who settled in the New World came to escape religious persecution. The Pilgrims, founders of Plymouth, Massachusetts, arrived in 1620. In both Virginia and Massachusetts, the colonists flourished with some assistance from Native Americans.

What is a fixed expense

Answers

business expenses that are not dependent on the level of goods or services produced by the business.

who can check Congress by announcing a law is unconstitutional? The
A : judges
B:President
C: senators​

Answers

I believe the answer is B
The answer should be B

What did Egyptians get from the Nubians in trade? What did the Nubians adopt from the Egyptians?

Answers

Answer:

meepcity

Explanation:

Answer:

MeepCity

Explanation:

Mark brainliest

he is wisest who admits he knows nothing refers to the idea that

Answers

Answer:

The Awareness of One's Own Intellectual Limitations

Socratic wisdom refers to Socrates' understanding of the limits of his knowledge in that he only knows that which he knows and makes no assumption of knowing anything more or less.

Explanation:

how birth order may impact child behaviors

Answers

Answer:

Explanation:

In studies, firstborns appreciate a little IQ advantage over their more youthful kin. Those brought into the world first likewise will in general finish their instruction with a further extent and choose customarily esteemed vocations, for example, medication or designing. So different birth orders do impact children

Select the correct location on the map.
At the height of the Roman Empire, how far north did the empire stretch?

A
B
C
D

Answers

Answer:

B

Explanation:

At the height of the Roman Empire, B is far north doing the empire stretch. Thus option B is correct.

What is a map?

A map is a visual depiction of specific features of a location, typically created on a smooth surface. Maps provide straightforward, visible information about the globe. They demonstrate the dimensions and shapes of the world's nations, the locations of its characteristics, and the distances between regions to teach about it.

From Britain in the northwestern to Egypt in the southeast, which Roman Empire encompassed. It's useful to contrast it with the modern United States to get an idea of how big that is.

The simplest explanation for Western Rome's demise attributes its demise to a series of military defeats by foreign invaders. Therefore, option B is the correct option.

Learn more about the map, Here:

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What are two characteristics of early Germanic or Celtic medieval culture?

Answers

Answer: Christianity and Greek/Roman remnants were an influence

Explanation:

The wars between England and France in the late 1700s and early 1800s caused problems for America. What evidence from the text best supports this conclusion

Answers

Answer:

During wartime, both England & France seized & harassed U.S. shipping merchants.

Explanation:

In times of war, both England and France harassed and impounded American commercial merchants.

What is war?

An all-out armed struggle between states, governments, society, or paramilitary organizations like mercenaries, insurgents, and militias is referred to as war. Using conventional or irregular military troops, it is typically marked by great violence, damage, and fatalities. Warfare is the term used to describe the regular actions and traits of particular wars or of wars in general.

Total war is defined as warfare that extends beyond merely military objectives and is capable of causing significant civilian or other non-combatant suffering and casualties.

Others think that war is a reaction to particular socio-cultural, economic, or ecological circumstances. While some war studies researchers view conflict as a universal and ancestral feature of human nature.

Learn more about war, from:

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Why did the government seek a prior restraint against the New York Times and the Washington Post?

Answers

Restraining order sought
The government claimed it would cause "irreparable injury to the defense interests of the United States" and wanted to "enjoin The New York Times and The Washington Post from publishing the contents of a classified study entitled History of U.S. Decision-Making Process on the Vietnam Policy."

In the 1960s, people across the United States were exposed to the counterculture through
mass media.
art museums.
rock concerts.
small towns.

Answers

Answer:

A- mass media

Explanation:

In the 1960s, people across the United States were exposed to the counterculture through mass media. The correct option is (A).

What do you mean by the mass media?

The forms of communication that may quickly reach a huge number of people, like radio, television, newspapers, and magazines.

A wide range of media technologies that use mass communication to reach a broad audience are referred to as mass media. This communication is conducted via a range of technologies and sources.

Each mass media has its own distinct business structures, creative artists, and content genres.

Many other large media organizations have an additional online presence through techniques like linking to or broadcasting TV commercials there, or by dispersing QR codes in print or outdoor advertising to point mobile users to a website.

Therefore, in the 1960s, people across the United States were exposed to the counterculture through mass media.

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What were progressives most concerned with?

Answers

Answer:

No

Explanation:

No

What are at least two powers not given to central government under articles of confederation?​

Answers

Answer: One of the biggest problems was that the national government had no power to impose taxes. To avoid any perception of “taxation without representation,” the Articles of Confederation allowed only state governments to levy taxes. To pay for its expenses, the national government had to request money from the states.

Also, Congress could not draft soldiers or regulate trade. There was no provision for national courts.

Explanation:


Which of these was the earliest temperance organization?

Answers

It was the Order of Good Templars

Answer:

I think Women's Christian Temperance Union.

Explanation:

Anti-Saloon League

American Temperance Society

Women's Christian Temperance Union

Write a hook to get readers interested on :: Why should kids not be allowed to vote?​

Answers

Answer:

Kids should not be able to vote because they often have a lack of interest in politics and are generally uninformed. They may also be biased because of their parent's ideology.

Explanation:

Which choices indicate the response to the Proclamation of 1763, the Stamp Act, and the Intolerable Acts by the Daughters
of Liberty?
es )
A)
They participated in protests and riots.
B)
They boycotted selling British goods in their shops.
C)
They terrorized tax collectors with effigy hangings.
D)
They organized spinning bees to spin wool and yarn into fabric.
E)
They drafted the Declaration or Rights and Grievances to explain the
reasons for resistance.
Submit

Answers

Answer: the answer is B: they boycotted selling British goods in their shops &

D: they organized spinning bees to spin wool and yarn into fabric

Explanation: i did the assignment and got the answer right ;)

The Proclamation of 1763, the Stamp Act, and the Intolerable Acts by the Daughters of Liberty indicates:

They boycotted selling British goods in their shops.

They organized spinning bees to spin wool and yarn into fabric.

Britain issued the Proclamation of 1763, which stopped colonists from residing west of the Appalachian Mountains. The Intolerable Acts were disciplinary acts passed in 1774 by the British Parliament.Colonies decided not to rely on goods from England and decided to boycott it.The Daughters of Liberty organized spinning bees to spin wool and yarn into fabric in America.

Thus option B and D are correct answer.

Learn more about the Stamp Act here:

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What is one way the French and Indian War contributed to the outbreak of the American Revolution?

options:

The American Indians became colonial allies.


The American colonists gained a sense of unity.


The British lost interest in their American colonies.


The French greatly weakened the British in America.

Answers

Answer:

the answer to this question is A

Answer:

the answer was A

Explanation:

why do the french get involved in the war?​

Answers

Answer:

France was not directly interested in the conflict, but saw it as an opportunity to contest British power by supporting a new British opponent.

Why did feudalism develop in medieval Europe? (4 points)

Group of answer choices

It became difficult for the kings to defend their kingdoms.

Kings were required to give part of their income to the Church.

Lower classes in the social hierarchy rebelled against the kings.

The Church would not allow kings to have armies.

Answers

A. It became difficult for kings to defend their kingdoms. Feudalism developed because there were constant Scandinavian pirate attacks on Europe during this time. Feudalism is a system where the surfs (peasants) are tied to the land owned by lords. In exchange for living there, they provided food that they grew on the land. The lords would then give some of the food to knights who protected the land. This system made sure everyone was fed and protected. P.S. I took AP world history last year and passed with a 4 (if it’s for this class).

Answer:

The decline of the Roman Empire

Explanation:

The weakening allowed the Byzantines to grow.

How did the natural environment influence diet in hunter-gatherer societies? Choose four answers.

A) Colder climates resulted in a lack of food for hunter-gatherers.
B) Different types of vegetation were available in different places.
C) Hunter-gatherers ate the same foods in each environment.
D) Hunter-gatherers ate only plants; they did not eat animals.
E) Hunter-gatherers ate different types of plants depending on the environment.
F) Hunter-gatherers used resources in the environment to create

Answers

Answer:

b,c,e,f

Explanation:

just read it its pretty common sense

Answer:

B, D, F, A i think

Explanation:

hope this helped!

p.s it would be cool if you gave me brainliest.

Theocracy can co-exist with monarchy

Answers

ANSWER:NO

Explanation:

READ THE BIBLE STORY IF KING SAUL

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