Keeping

12.04.2023 00:39 •  Английский язык

ответить на вопросы по тексту. Task 1. Read the text:

Tax is a compulsory levy on individu¬als and companies by the state to meet the expenses of the gov¬ernment. Taxation is imposition of compulsory levies on per¬sons or other entities by governments. Taxes are levied in al¬most every country of the world, primarily to raise revenue (money that a business or organization receives over a period of time, especially from selling goods or services) for government expenditures. One useful way to view the purpose of taxation is to distinguish between objectives of resource allocation, income redistribution, and economic stability. Economic growth or de¬velopment and international competitiveness (the ability of a company or a product to compete with others) are sometimes listed as separate goals. In the absence of a strong reason for interference, such as the need to reduce pollution, the resource allocation objective is furthered if tax policy does not interfere with market-determined allocations. The redistributive objective is to lessen inequalities in the distribution of income and wealth to the extent they are considered excessive and unjust. The sta¬bilization objective is the maintenance of high employment and price stability.

Task 3. Scan through the text. Restore the word order in the questions that follow and answer them:

1) What meant by the term "tax" is? 2) What is by the term "taxation" meant? 3) Where taxes are levied? 4) What taxes are levied to do? 5) What the first objective of taxation is? 6) What the is second objective of taxation? 7) What the third objective of is taxation? 8) What the fourth objective is of taxation? 9) What is the one fifth? 10) What meant is by the term "com¬petitiveness"? 11) When the resource allocation objective fur¬thered is? 12) What the redistributive objective to do is? 13) What the stabilization objective is?