Taxes

Question	Answer
INDIRECT TAX	A tax that increases the price of a good so that consumers are actually paying the tax by paying more for the product
DIRECT TAX	A tax that is paid directly by an individual wihthout regarding their situation.
COORPORATION TAX	Are taxes paid againstprofits earned by businesses during a period of time.
TARIFFS	A tax imposed on imported goods and services.
CAPITAL EXPENDITURE	They are funds used by a company to acquire or upgrade physical assests such as property ,etc.
CURRENT EXPENDITURE	Is what is spent on goods and services consumed within the current year, which need to be made to sustain production.
PUBLIC SPENDING	It is what is spent by the public sector, in the course of its activities.
PUBLIC SPENDING	Is what is spent by the public sector, in the course of its activities.
CURRENT TAX	Taxes paid periodically, usually annualy.
PROGRESSIVE TAX	El que tiene mas dinero paga
REGRESSIVE TAX	El que menos tiene mas paga
PROPORCIONAL TAX	Gane lo que gane, pagan todos lo mismo. Es el mas justo.

Resource summary

	Created by annietomkins12 about 11 years ago