Examlex
Certain individuals are more likely than others to have the Form 1040 audited by the IRS. List at least five factors that may increase above the national norms one's chances of audit.
Perfectly Elastic
Describes a situation in which the quantity demanded or supplied changes infinitely with even the smallest change in price.
Perfectly Inelastic
A situation where the demand or supply for a good does not change in response to changes in price.
Single Tax
A system where only one type of tax is levied, often proposed for simplifying the tax system.
Henry George
An American economist known for his advocacy of a single land tax and author of "Progress and Poverty," which argues land should be owned communally to address social inequalities.
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