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Tax Elasticity in Financial Formulas
Tax Elasticity is responsiveness of tax revenue to changes in the economic base that generates the revenue, without any alteration in tax rates. And is denoted by TE.
Formulas to find Tax Elasticity in Financial
f
x
Tax Elasticity
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List of variables in Financial formulas
f
x
Change in Tax Revenue
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f
x
Change in Economic Activity
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FAQ
What is the Tax Elasticity?
Tax Elasticity is responsiveness of tax revenue to changes in the economic base that generates the revenue, without any alteration in tax rates.
Can the Tax Elasticity be negative?
{YesorNo}, the Tax Elasticity, measured in {OutputVariableMeasurementName} {CanorCannot} be negative.
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