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Explain the openness principle in budgeting

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Question -

1. Explain some reasons for inequality in property appraisal.

2. Discuss the regressivity and progressivity of income tax.

3. Define tax neutrality and explain its importance.

4. Explain the openness principle in budgeting (Budgets should be open to the environment) and how the budget process is impacted the environment.

5. Explain the importance or value of the new performance budgeting method.

Reference no: EM133084885

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