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Government Tools (Taxes)

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AJ Mathis

on 28 April 2010

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Transcript of Government Tools (Taxes)

Double click anywhere & add an idea GOVERNMENT TOOLS (TAXES) A required payment of money to the government to help fund government services Business may have to pay taxes on the materials they use, the property they own, and the profits they make How do taxes affect supply? Higher Taxes:
businesses are faced with higher costs and the prospect of making less profit and will supply less of their product to the market
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