Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. general management
  3. what is a tax plan for taxing 1 million residents

What is a tax plan for taxing 1 million residents and need 20 million dollars in...

50.1K

Verified Solution

Question

General Management

What is a tax plan for taxing 1 million residents and need 20million dollars in revenue that isn't already being taxed, andwhy/how does it relate to Adam Smiths 4 cannons of taxation?

Answer & Explanation Solved by verified expert
3.8 Ratings (499 Votes)
Most of the goods that can be taxed are already taxed by most governments This includes United States as well However as a nation if there is a target to generate 20 million from 1 million residents then the next best option for taxation is newspapers Currently newspapers are not taxed By taxing newspaper the price of    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

If f(x)=sign(x−2)+|x+2| for (-4,4] and you extend f(x) to a periodic function on the real line,...

Advance Math
Q

P.8. Opportunity cost of capital. F&H Corp. continues to invest heavily in a declining industry. Here...

Finance
Q

Name 2 technologies, other than GPS or GIS, used to track inventory throughout the Supply Chain. Many...

Operations Management
Q

Assertion A concave lens is called a converging lens Reason Concave lens disperses the incoming...

Physics
Q

1 10 Write the linear system X system of scalar equations 31 x Sint without...

Basic Math
Q

Determine the value of t necessary to construct a confidence interval when the sample size...

Statistics
Q

At Freshplace Grocery, customers give their purchase to a sales clerk along with cash. The...

Accounting
Q

please do all journal entries ...

Accounting
Q

ACG2071 CMG-20Fall 09057 cos 10 HW Scores Homework: Chapter 7 Homework...

Accounting
Q

Why is it 50000

Accounting
Q

Which of the following sections of the statement of cash flows include activities that create...

Accounting
Q

Problem The Enron Fraud Enron Corporation began as a small natural gas distributor and over...

Accounting