If income tax rates rise, then ________
举一反三
- Which are the impacts of higher tax rates on net present value？ A: The tax shield effect of depreciation increase B: The tax shield effect of depreciation decrease C: the income tax increase D: the income tax decrease
- High rates of personal income tax are thought to have a disincentive<br/>effect. This refers to the likelihood that the high rates of tax will<br/>_______. A: Encourage illegal tax evasion by individuals B: Lead to a reduction in the supply of labour C: Lead to a reduction in savings by individuals D: Discourage consumer spending and company investments
- Which of the following situations is/are possible? A: An enterprise pays a lot of income tax and very little value-added tax B: An enterprise pays a lot of income tax and a lot of value-added tax C: An enterprise pays very little income tax and a lot of value-added tax D: An enterprise pays very little income tax and very little value-added tax
- "The rich should pay higher income tax rates than the poor" is an example of a A: normative statement. B: positive statement. C: descriptive statement. D: theoretical statement.
- For any competitive market, the supply curve is closely related to the A: preferences of consumers who purchase products in that market. B: income tax rates of consumers in that market. C: firms’ costs of production in that market D: interest rates on government bonds