Business Studies, asked by thamajanvijanvi7575, 1 year ago

Musgrave and thin measure of tax progressive formula

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Answered by OJASWI
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 \frac{total \:progress \: in \: product }{tax \: revealed \: on \: product}


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Answered by aqibkincsem
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Musgrave and Thin (1948) global measures of tax progression formula is widely known.

They count on inequality measures of pre- and post-tax incomes, which can also be calculated as weighted non conformities between taxation and a revenue-neutral theoretical comparative taxation.

They have the shortcoming that tax schedules which have some income intervals declining average tax rates, may be categorized as more advanced than tax schedules with accumulative typical tax rates all through.

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