Search results for keyword: exemptions
taxable price
in recent years, more and more people consider the taxation of price when they make purchases. Many people believe that, while the cost of goods and services should always be taken into account, the taxation of price adds an additional level of expense that must be considered.
The ability to calcu......
09/07/2023 
1041 
Jessica
GDP tax rate
The Corporate Tax Burden in China
China is a rapidly emerging global economy, and as part of its impressive transformation, it has also become a major player in the world of corporate taxation. In recent years, the Chinese government has sought to reduce the corporate tax burden imposed on compan......
tax cut
Tax cuts is something that many countries have put into place in the last few decades to help countries and their economies progress. Tax cuts play an important role in the economic activity of nations, as it can provide incentives for businesses to invest in areas that will help them increase the......
Transfer Payment
Transfer Payment
Transfer payment is a type of financial exchange made on behalf of the government, such as Social Security payments, unemployment insurance, and disability payments. These payments are also known as social safety nets intended to provide an economic security against economic hard......
laffer tax ideas
Adam Smith and the Theory of Taxation
Adam Smith was the father of modern economics and his contributions to the development of classical economics are undeniable. One of the most impactful parts of his writings was his theories on taxation and public finance. His framework for taxation has had a......
economic policy
Economic Policy
Economic policy is the study of the regulation of economies by governments. It analyses the theoretical and practical effects of certain economic policy measures, and provides an empirical measure of the impact of changes in policies and regulations on economies, both in a static ......
static property tax
Static Property Tax
Static property tax is a form of taxation that is levied on the value of certain types of real property. Generally, this tax is assessed by local or regional governments on the basis of stated land value, building or structure value, or combination of both. This type of tax ca......
effective tax rate
The effective tax rate is an important concept for any taxpayer to understand. It is the percentage of pretax income that must be paid to the government in taxes. The effective tax rate is a calculation of the total amount of taxes paid divided by total taxable income. The effective tax rate is th......
progressive income tax system
Graduated income taxation is a system of taxation in which someones marginal rate of taxation increases as their income increases. It is most often used as a progressive tax system, where rates are graduated so that citizens with higher incomes are subject to higher taxation. Graduated income taxa......
regressive tax
Tax Refunds
A tax refund is the government’s way of giving back taxpayers money they have overpaid in taxes during a given year. Tax refunds are typically larger amounts of money than typical tax deductions, meaning taxpayers can save up to thousands of dollars if they are due a refund.
The a......
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