Local government ______ could be obtained through a local income tax and/or a local sales tax.
A: budget
B: expense
C: finance
D: revenue
A: budget
B: expense
C: finance
D: revenue
举一反三
- 雨课堂: ALL tax revenue of Urban Maintenance and Construction Tax is assigned to the local governments.
- The incidence of sales tax is determined by the A: A) level of government (for example, local, state, or federal) which imposes the tax. B: B) federal government in all cases. C: C) greed of the sellers. D: D) price elasticities of supply and demand.
- Some states have sales tax in (add) ______ to income tax.
- Suppose the only revenue taken in by the government is in the form of income tax, and the tax rate is 10 percent. If aggregate income is $800 billion, and government outlays are $100 billion then the government budget has A: a deficit of $20 billion. B: a surplus of $20 billion. C: neither a surplus nor a deficit. D: a deficit of $80 billion.
- Alfred is registered for sales tax. He makes sales of $25,000 including sales tax and purchases goods for $7,000 excluding sales tax. The opening balance on the sales tax account was $500 credit. Sales tax is 20%.What is the closing balance on the sales tax account? A: $3,600 B: $3,000 C: $2,267 D: $3,267