What Were the (5) Key Principles of the SSTA Framework

question 68

Essay

What were the (5) key principles of the SSTA framework created by SleepSmart's CIO Greg Danson?

Analyze how the tax burden is distributed between buyers and sellers.

Understand the concept of market equilibrium without taxation.

Evaluate the change in tax revenue when the tax rate changes.

Analyze the impact of a tax on the number of units bought and sold.

---

Definitions:

Certainty

The state of being sure about something or the absence of doubt.

Defensiveness

A psychological reaction characterized by the need to protect oneself from criticism, perceived threat, or vulnerability, often hindering open communication.

Body Orientation

Body orientation refers to the positioning of an individual’s body, which can communicate attitudes, feelings, or intentions non-verbally in social interactions.

Nonverbal Communication

The process of conveying a message without the use of words, through gestures, facial expressions, and body language.