Describe the arguments for and against the flat tax.
What will be an ideal response?
Advocates of the flat tax argue that it is fairer than the current system, treating all income and expenditure equally and treating all citizens equally. It would be a simpler tax system eliminating the need for professional tax experts to decipher the tax code. Advocates also claim it is more fiscally neutral so that decisions about how to invest could be made based on economic considerations rather than on tax considerations. Opponents argue that the flat tax would be more regressive than the current system with the affluent paying less than they do now and benefiting at the expense of the larger population. Critics argue that the flat tax would eliminate the ability to use the tax system to promote other public policy purposes. A shift to a flat tax might also force some shifting of state tax structures given that several states calculate their own income taxes as a percentage of the federal tax.
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The theory of relative deprivation is most often applied to ________
a. the cultural gap b. the economic gap c. the religious deprivation d. the social deprivation e. the educational gap
Which of these is not included in NAFTA?
a. Canada b. the United States c. Mexico d. Brazil
When the voters of California passed Proposition 13, they agreed to significantly raise property taxes
Indicate whether the statement is true or false
What Italian scholar wrote The Prince in the early 1500s?
a. Niccolo Machiavelli b. Piero Soderini c. Baldassare Castiglione d. Lorenzo de’ Medici