How do public attitudes differ about own source funding

Reference no: EM132688019

Question 1: General sales taxes are spoken of as proportional AND as regressive. Explain how one or both can be accurate.

Question 2: If corporations are legal persons for purposes of income tax, why are they taxed differently? Do they really pay income tax (even disregarding their ability to avoid taxes)?

Question 3: California's approach to property tax - Prop 13 and related propositions - is not typical of how property tax is approached in other states. Was California a trend setter or a serious error?

Question 4: Debt is the accumulation of deficits. Deficits result from spending more than is brought in from taxes and other revenue. Should we borrow to cover our debt?

Question 5: Grants use "other people's money" to pay for programs. How do public attitudes differ about "own source" funding and grant funding?

Reference no: EM132688019

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