akhonasingwana akhonasingwana

03-03-2022
Business

contestada

What is the correlation betweer 1 tax rate of zero and a tax rate of 100% for the goveriment?

Respuesta :

laibamuzaffar111 laibamuzaffar111

03-03-2022

Explanation:

If the tax rate is 0%, the government will earn no revenue. If the taxation rate is 100%, the government will be the recipient of all revenue generated by the economy, and will thereby maximize its own revenue.

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