propensity to tax

the proportion of NATIONAL INCOME that is taken in TAXATION by the government. The average propensity to tax (APT) is given by:

The marginal propensity to tax (MPT) is the fraction of any change in income that is taken in taxation:

change in taxation change in income total income DIRECT TAXES reduce total income to (net of tax) DISPOSABLE INCOME. Thereafter, a proportion of this disposable income will be spent, and INDIRECT TAXES on goods and services bought will reduce still further the proportion of income returned to the business sector as factor returns. See MULTIPLIER.

A rise in the propensity to tax decreases disposable income for a given income level (increases the taxation withdrawal from the CIRCULAR FLOW OF NATIONAL INCOME), decreasing consumption expenditure, which results in a decrease in AGGREGATE DEMAND and NATIONAL INCOME.

单词	propensity to tax
释义	propensity to tax propensity to tax the proportion of NATIONAL INCOME that is taken in TAXATION by the government. The average propensity to tax (APT) is given by: The marginal propensity to tax (MPT) is the fraction of any change in income that is taken in taxation: change in taxation change in income total income DIRECT TAXES reduce total income to (net of tax) DISPOSABLE INCOME. Thereafter, a proportion of this disposable income will be spent, and INDIRECT TAXES on goods and services bought will reduce still further the proportion of income returned to the business sector as factor returns. See MULTIPLIER. A rise in the propensity to tax decreases disposable income for a given income level (increases the taxation withdrawal from the CIRCULAR FLOW OF NATIONAL INCOME), decreasing consumption expenditure, which results in a decrease in AGGREGATE DEMAND and NATIONAL INCOME.
随便看	fractionization fractionize fractionized fractionizes fractionizing fraction kill hypothesis fractionlet fraction (mathematics) fraction nationaliste armée révolutionnaire fractionnement des agroressources et environnement fraction of a second fraction of commercial power supplied by coal fraction of commercial power supplied by gas fraction of commercial power supplied by hydro fraction of commercial power supplied by nuclear fraction of commercial power supplied by oil fraction of commercial power supplied by traditional sources fraction of continuously labeled mitoses fraction of deadlines made fraction of end tidal co2 fraction of exhaled nitric oxide fraction of failures detected fraction of failures isolated fraction of faults detected fraction of faults isolated