Fiscal Policy

Direct and Indirect Taxes are classifications of taxation according to progressivity.

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Regressive is a form of taxation in which the tax rate decreases as the amount taxed increases.

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What method of taxation according to incidence is excise tax?

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What method of taxation according to incidence is income tax?

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Is a tax on the right of the deceased person to transmit his/her estate to his/her lawful heirs and beneficiaries at the time of death.

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is a tax on all yearly profits arising from property, profession, trades, or offices or as a tax on a person’s income, profits, and the like.

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A fiscal policy aimed at increasing economic output.

• EXPANSIONARY FISCAL POLICY

• CONTRACTIONARY FISCAL POLICY

• INFLATIONARY FISCAL POLICY

• RECESSIONARY FISCAL POLICY

A fiscal policy aimed To slow down economic activity

• EXPANSIONARY FISCAL POLICY

• CONTRACTIONARY FISCAL POLICY

• INFLATIONARY FISCAL POLICY

• RECESSIONARY FISCAL POLICY

A fiscal policy is implemented by decreasing government spending.

• EXPANSIONARY FISCAL POLICY

• CONTRACTIONARY FISCAL POLICY

• INFLATIONARY FISCAL POLICY

• RECESSIONARY FISCAL POLICY

A fiscal policy is implemented by reducing the tax rate.

• EXPANSIONARY FISCAL POLICY

• CONTRACTIONARY FISCAL POLICY

• INFLATIONARY FISCAL POLICY

• RECESSIONARY FISCAL POLICY