Tag: Tax
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Redesigning Family Tax to Benefit Low Income Households
The total approximate savings from scrapping both the FTB Part B and the Schoolkids Bonus would be $5.9 billion each year. Therefore, the abolishment of Family Tax Benefit (FTB) Part B and the Schoolkids Bonus, while redesigning Family Tax Benefit Part A to reduce middle-class welfare and insulate low-income families…
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Regime & Policy Uncertainty
Policy uncertainty is a set of economic risk amid an uncertain future surrounding a government policy. Such periods of policy uncertainty and of which are esteemed as the prosperous ones are during the U.S. history of Roosevelt’s first term as president and during Lyndon B. Jonson’s first years as president.…
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Inflation
The inflation rate is a measure of the increase in asset prices, measuring the percentage change in the average price level from the previous year. Where a positive inflation rate means rising prices, a negative inflation rate means falling prices, and a declining positive inflation rate means rising prices at a…