TAX (1)

1.People hate tax because

• they receive no benefits immediately in return for the payment of tax

• they may not confidence about whether tax is used properly by the government or not

• all of the above

• tax reduces their disposal income

2.What is the most important role of tax?

• A source of finance for public goods and services

• A means to improve society's fairness

• A tool to regulate macroeconomic conditions

3.Which role(s) can be fulfilled by Value Added Tax? 

• Encourage/discourage corporate investment/ personal spending

• Correct problems caused by negative externalities

• Reduce unfairness in income distribution

• Protect domestic production

• Finance public goods and services

4.Which role(s) can be fulfilled by Excise tax on luxurious goods? 

• Reduce unfairness in income distribution

• Encourage/discourage corporate investment

• Protect domestic production

• Correct problems caused by negative externalities

• Finance public goods and services

5.Which role(s) can be fulfilled by Excise tax on harmful products? 

• Encourage/discourage personal spending

• Correct problems caused by negative externalities

• Finance public goods and services

• Encourage/discourage corporate investment

• Reduce unfairness in income distribution

6.Which role(s) can be fulfilled by Import tax? 

• Finance public goods and services

• Encourage/discourage corporate investment

• Protect domestic production

• Correct problems caused by negative externalities

• Reduce unfairness in income distribution

7. 7. Which role(s) can be fulfilled by Corporate Income Tax?

• Encourage/discourage corporate investment

• Finance public goods and services
  

• Reduce unfairness in income distribution

• Encourage/discourage personal spending

• Protect domestic production

8.Which role(s) can be fulfilled by Progressive Personal Income Tax?

• Encourage/discourage corporate investment

  
  

• Finance public goods and services

  
  

• Reduce unfairness in income distribution

  
  

• Encourage/discourage personal spending

• 
  

  Correct problems caused by negative externalities

  
  

9.What is 2018 tax revenue as % of GDP of OECD countries on average?

• 44.9%

• 24.3%

• 16.1%

• 34.3%

10.What is Vietnam's tax revenue as % GDP in 2014?

• 22%

• 20%

• 19%

• 15%