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Results for "allocations"

Allocations

Definition: The word "allocations" in the Hebrew Bible refers to a type of tax or levied on individuals or groups for goods or services provided during a specific period, often calculated by multiplying the value of those goods or services by a fixed ratio over a certain time period. The purpose was typically to redistribute wealth or resources from one group to another. Here is an elaborated definition: -

Allocations are taxes

- Taxes are levies imposed on individuals and groups for providing goods or services during a specific period, often calculated through multiplication of the value of those goods by a fixed ratio over a certain time. -

Aloquets are taxable goods or services

- Aloquets are goods or services that must be purchased by individuals to pay taxes. They could include various kinds of items, such as clothing, food, etc., and may be subject to different tax rates for different groups. -

The fixed ratio

- The value of the goods or services is multiplied by this fixed number to determine the amount of taxable income that needs to be paid. -

Aloquets are taxed

- Aloquets are taxed as taxes, which means they are charged on top of the personal income tax and other forms of taxes. So in essence, allocations were a method to redistribute resources or wealth among those who had more money, typically during times of scarcity or high costs.


allocations