100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
POLS 207 TAMU Ives Questions and Answers | Latest Update $11.49   Add to cart

Exam (elaborations)

POLS 207 TAMU Ives Questions and Answers | Latest Update

 2 views  0 purchase
  • Course
  • POLS 207
  • Institution
  • POLS 207

Budget deficit -:- Amount of money coming in falls below the amount spent (government) Revenues -:- Money the government brings in from taxes User fees -:- Charges levied by governments in exchange for services. Such fees constitute a type of hidden tax. Excise (sin) taxes -:- Taxes on...

[Show more]

Preview 3 out of 19  pages

  • September 13, 2024
  • 19
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • POLS 207
  • POLS 207
avatar-seller
Latestupdate
2024 /2025 | © copyright | This work may not be copied for profit gain | Excel!




POLS 207 TAMU Ives Questions and
Answers | Latest Update
Budget deficit

✓ -:- Amount of money coming in falls below the amount spent (government)




Revenues

✓ -:- Money the government brings in from taxes




User fees

✓ -:- Charges levied by governments in exchange for services. Such fees constitute

a type of hidden tax.




Excise (sin) taxes

✓ -:- Taxes on alcohol, tobacco, and other similar products that are designed to

raise revenues and reduce use.




Estate taxes

✓ -:- Taxes levied on a person's estate or total holdings after that person's death




Gift taxes




1|P a g e | G r a d e A + | 2 0 2 0 2 5

,2024 /2025 | © copyright | This work may not be copied for profit gain | Excel!


✓ -:- Taxes imposed on money transfers made during an individual's lifetime




Sales taxes

✓ -:- Taxes levied on consumer purchases of goods and services




Regressive taxes

✓ -:- A tax that does NOT differ based on the ability of an individual to pay




Tax burden

✓ -:- A measurement of taxes paid as a proportion of income




Income taxes

✓ -:- Taxes on wages and interest earned




Progressive tax

✓ -:- A system of taxation in which the rate paid reflects ability to pay




Severance taxes

✓ -:- Taxes on natural resources that are removed from a state




Insurance trust funds


2|P a g e | G r a d e A + | 2 0 2 0 2 5

, 2024 /2025 | © copyright | This work may not be copied for profit gain | Excel!


✓ -:- Money collected from contributions, assessments, insurance premiums, and

payroll taxes




Intergovernmental transfers

✓ -:- Funds provided by the federal government to state governments and by state

governments to local governments.




Tax capacity

✓ -:- A measure of the ability to pay taxes




Tax effort

✓ -:- A measure of taxes paid relative to the ability to pay taxes




Dividend

✓ -:- A payment made to stockholders generated by an investment




Bonds

✓ -:- Certificates that are evidence of debts on which the issuer promises to pay

the holders a specified amount of interest for a specified length of time and to repay

the loans on their maturity.




Capital Investment

3|P a g e | G r a d e A + | 2 0 2 0 2 5

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller Latestupdate. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $11.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

76669 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$11.49
  • (0)
  Add to cart