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Elasticity and tax revenueKey points Tax incidence is the manner in which the tax burden is divided between buyers and sellers. The tax incidence depends on the relative price elasticity of supply and demand. When supply is more elastic than demand, buyers bear most of the tax burden. When demand is more elastic than supply, producers bear most of the cost of the tax. Tax revenue is larger...0 Commentarii 0 Distribuiri 6K Views 0 previzualizare
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Elasticity and tax revenueKey points Tax incidence is the manner in which the tax burden is divided between buyers and sellers. The tax incidence depends on the relative price elasticity of supply and demand. When supply is more elastic than demand, buyers bear most of the tax burden. When demand is more elastic than supply, producers bear most of the cost of the tax. Tax revenue is larger...0 Commentarii 0 Distribuiri 5K Views 0 previzualizare
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Your guide to key tax terms1. Gross and taxable income Gross income is your total income over the course of the year. This includes everything from wages and tips to any interest, dividends or capital gains you earned. Right off the bat, you are allowed to subtract certain things from your gross income—these are called above-the-line deductions. That will give you what’s called your adjusted gross...0 Commentarii 0 Distribuiri 4K Views 0 previzualizare
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8 money tips for freelance workersIf you’ve traded in your cubicle to become a freelancer, you’re not alone. Fifteen million people in the U.S. (about a tenth of the workforce) have abandoned traditional career paths to work in freelance positions.11start superscript, 1, end superscript Working freelance can take many forms, from working regular hours for a single employer to having a flexible schedule that...0 Commentarii 0 Distribuiri 9K Views 0 previzualizare
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All In: The Fight for Democracy (2020)The documentary takes a look at the history, and current activism against voter suppression; barriers to voting that most people don't even know is a threat to their basic rights as citizens of the United States. my link0 Commentarii 0 Distribuiri 16K Views 0 previzualizare
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Building a foundation for retirementBuilding a foundation for retirement Retirement can mean different things for different people. It could mean stopping work entirely and traveling the country. Or it might mean quitting a full-time job to work part time and pursue something you love. Now, if you’re just getting started in a career, you may not be thinking about when you want to retire. Or what kind of...0 Commentarii 0 Distribuiri 8K Views 0 previzualizare
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Shifts in aggregate demandKey points The aggregate demand/aggregate supply model is a model that shows what determines total supply or total demand for the economy and how total demand and total supply interact at the macroeconomic level. The aggregate demand curve, or AD curve, shifts to the right as the components of aggregate demand—consumption spending, investment spending,...0 Commentarii 0 Distribuiri 4K Views 0 previzualizare
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Ways to save money on your monthly billsFinding ways to save money may be easier than you think. By setting aside just a few hours – or an afternoon every now and then– to do a little research on some of your biggest monthly expenses, you may be able to save hundreds, maybe thousands of dollars a year. Here are some ideas to get you started saving on some of your bigger expenses- things like television, cell...0 Commentarii 0 Distribuiri 5K Views 0 previzualizare
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Your 401(k): 10 things to find out1. When can I start contributing? Not every 401(k) plan allows new employees to begin contributing right away. Some companies might make you wait two, three or even 12 months after you’re hired. Your plan administrator can tell you whether a waiting period applies. 2. Will I be enrolled automatically? An increasing number of companies automatically enroll you in a 401(k)...0 Commentarii 0 Distribuiri 5K Views 0 previzualizare
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