What does tax buoyancy mean?
Definitions for tax buoyancy
tax buoy·an·cy
This dictionary definitions page includes all the possible meanings, example usage and translations of the word tax buoyancy.
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Wikipedia
Tax buoyancy
Tax buoyancy is an indicator to measure efficiency and responsiveness of revenue mobilization in response to growth in the Gross domestic product or National income.A tax is said to be buoyant if the tax revenues increase more than proportionately in response to a rise in national income or output. A tax is buoyant when revenues increase by more than, say, 1 per cent for a 1 per cent increase in GDP. Usually, tax elasticity is considered a better indicator to measure tax responsiveness.
Numerology
Chaldean Numerology
The numerical value of tax buoyancy in Chaldean Numerology is: 9
Pythagorean Numerology
The numerical value of tax buoyancy in Pythagorean Numerology is: 7
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"tax buoyancy." Definitions.net. STANDS4 LLC, 2024. Web. 8 May 2024. <https://www.definitions.net/definition/tax+buoyancy>.
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