More cards in this set
Card 6
Front
Aimed at richer people who can pay, lower classes won't that effected. Therfore is fairer and redistrobutes wealth.
Back
Card 7
Front
People on less money have to pay a higher % of there wage meaning there income reduces, which in turn means they spend less and demand falls. It could also harm incentives if it is too high. Elderly peole who pay it on their pensions would have less
Back
Card 8
Front
Larger part of a persons income is spent on shopping, casuong inflation.Dicourages spending, theregfore demand falls.
Back
Card 9
Front
Unpopular as the person inheriting it was meant to get all of it but instead the government do. Also it is at a time of loss and the inheriter/s would be in morning, and they don't want anymore bad news.
Back
Card 10
Front
Discourage people from smoking, meaning less of the health budget is spent on illnesses related to the apecific products. Also this would lead to higher spending in other sectors such as education ect.
Back
Card 11
Front
Higher government revenue, little increase high reward. Helps redistrobute wealth, spent in poorer areas. Progressive tax, the higher your income the higher % you pay.
Back
Card 12
Front
Higher government revenue. It's a choice to buy high vat products
Back
Card 13
Front
Discourage people from smoking, meaning less of the health budget is spent on illnesses related to the apecific products. Also this would lead to higher spending in other sectors such as education ect.
Back
Card 14
Front
SCORE