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Q: What is the impact if government increase taxes on individual?
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Related questions

What would most likely occur if the government's priority was to increase government expenditures?

increase taxesincrease taxesincrease taxes.


What does not increase the price of an individual good?

Property taxes


What is the federal government's source of income?

Individual income taxes is the federal government's largest source of funds.


When would an increase in government purchases be an appropriate countercyclical fiscal policy?

A decrease in government spending and increase in taxes.


What did roman leaders increase to pay a government's bills?

Taxes.


What is efforts of the federal government to keep the economy stable by increasing or decreasing taxes and or government spending?

increase taxes and and spend systematically


What is income of the government?

Individual income taxes is the federal government's largest source of funds.


Why did the government introduce the national lottery?

To increase the government's revenue without raising taxes.


Why do taxes increase?

taxes increase as the debt cieling increases to keep the american government in order and slow the "digging our own hole to fall in".


Which of these would most likeley to occur if the governments priority was to increase government expenditures?

increase taxes


Largest source of revenue for the federal government?

The largest source of revenue for the federal government has been individual income taxes and payroll taxes. These taxes account for 82% of all federal government income.


What is the government source of income?

Individual income taxes is the federal government's largest source of funds.