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Research the concept of the consumption tax.
Propose a consumption tax system that will meet the criteria of "good" tax in other word that is "fair"
What if the income tax was eliminated in favor of a consumption tax?
Does not have to be too in depth, answer based on your experiences and opinion
Please no more than 1 page in length
Don't explain the consumption tax, but come up with a consumtion tax system that is fair
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At one time new businesses that needed money borrowed it from the local banker, or from rich investors and other people who had already made money. Then the roll of providing capital to new ventures moved away from traditional banks to venture funds,..
What is the future value of a 1000 dollars place in savings account for 4 years if the account pays 9% compound quarterly? Your uncle promise to give 500 a quarter for the next 5 years. how much is his promise worth right now if the interest rate is ..
You have accumulated some money for your retirement. you are going to withdraw $52,267 every year at the beginning of the year for the next 30 years starting from today. How much money have you accumulated for your retirement? You account pays you 10..
Trusts can be treated as separate tax entities or as conduits through which income is passed to the beneficiaries. Income generally will be taxed in each of the following ways EXCEPT:
Classic Cars is considering expanding its product line by manufacturing classic Mustangs. The necessary equipment will cost $4,000,000 and installation costs will be $50,000. If the company’s tax rate on ordinary income is 35%, its tax rate on capita..
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You wish to leave an endowment for your heirs that go into effect 50 years from today. You don’t want to be forgotten after you pass so you wish to leave an endowment that will pay for a grand soirée yearly and forever. Assuming that you have not in..
Suppose Auburn plans to pay Coach Malzahn a perpetuity if he wins a National Championship this season. The payment will be $37,000 each year for the rest of his life. Assume a 6% real interest rate. What is the present value of the perpetuity?
If $8000 is invested in a certain business at the start of the year, the investor will receive $2400 at the end of each of the next 4 years. What is the present value of this business opportunity if the interest rate is 6% per year?
Calculate the required rate of return for an asset that has a beta of 0.55, given a? risk-free rate of 3.3?% and a market return of 7.6?%. If investors have become more? risk-averse due to recent geopolitical? events, and the market return rises to 1..
PK Software has 9 percent coupon bonds on the market with 25 years to maturity. The bonds make semiannual payments and currently sell for 111.75 percent of par. What is the current yield on PK's bonds? What is the effective annual yield?
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