In the case of unemployment compensation why would the benefits received principle of taxation not be entirely practical? Explain
What will be an ideal response?
Unemployment compensation is meant to assist those who have temporarily found themselves without work. It would be a bit strange for these very people to pay taxes equivalent to the very benefits they are supposed to receive.
You might also like to view...
Which of the following statements is true of foreign aid?
A) In practice, much of foreign aid does not get invested in new technology or education. B) Foreign aid is regressive to development. C) Foreign aid is provided only by financial institutions such as the World Bank. D) Foreign aid is directly responsible for reducing corruption in developing nations.
A possible budget reform involves: a. a quadrennial budget
b. breaking down the budget into increasingly small budget lines. c. appointing agency heads with different priorities than those of elected representatives. d. to simplify the budget document by concentrating only on major groupings and eliminating line items. e. to eliminate the operating budget.