Income and wealth inequality can be caused by differences in the growth of income of different social groups. Changes in employment and taxation and government policy can also affect levels of inequality.
What does the Gini co-efficient measure?
What is the definition of ‘progressive’ taxation policy?
The lowest level of taxation possible
The greatest proportion of tax is paid by the wealthiest
The greatest proportion of tax is paid by the poorest
What is Scotland’s new highest band of taxation?
The 100 wealthiest people in Britain have as much money as:
The poorest 18 million people
The poorest 30 million people
The poorest 3 million people
Which of the following is not an example of indirect taxation?
Value added tax (VAT)
Air passenger duty