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April 11, 2024

GOV 634 Budgeting and Taxation Week 6 Discussion Post

General Question

1. What are some of the major different types of taxes? How are they levied and who pays each tax? What is meant by a tax’s progressivity? How is this determined?

2. What is tax equity and tax efficiency? How and why should these concepts be considered when a tax levy is considered?

3. What is meant by governmental revenue diversification? How should revenue sources be diversified? Why is this important?

4. How can nonprofit agencies improve future budget stability?

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