What are the top 3 federal tax revenues? Do you think the federal tax structure is...
What are the top 3 federal tax revenues? Do you think the federal tax structure is equitable? Why or Why not?
Homework Answers
Top 3 federal tax revenue: -
1.Individual Income Taxes
2. Payroll taxes
3. Corporate Income Taxes
The federal tax structure is equitable, that is they follow progressive tax regime. It means that rich or affluent will pay a greater percentage than the poor, as the rich would have more disposable income even after paying higher taxes, which might not be the case with poor,
Add Answer to:
What are the top 3 federal tax revenues? Do you think the
federal tax structure is...
In 550 words, Do you think that the federal government should be in charge of health...
In 550 words, Do you think that the federal government should be in charge of health planning related to nursing facilities? Why or why not? In what ways can health planning benefit a community?
Who Benefits from a Tax Cut Do you think either of chart fairly communicates the impact of the p...
Who Benefits from a Tax Cut
Do you think either of chart fairly communicates the impact of
the proposed tax cut? If so, which one and why? If not, why not?
Can you think of a way to present the numbers more fairly?
Rich Pav More Under Tax Cuts High-Income Households Receive Highest Dollar Benefit from Tax Cuts Average annual tax benefit Share of Total Income Taxes Paid to Federal Annual Income Treasury estimate Less than $10.00 $53 $10,000 to...
Explain why do you think the state and federal government agencies are important?
Explain why do you think the state and federal government agencies are important?
51. Given the following tax structure, what tax would need to be assessed on Venita to...
51. Given the following tax structure, what tax would need to be assessed on Venita to make the tax horizontally equitable? Taxpayer Mae Pedro Venita SalaryTotal Tax $10,000 $20,000 $10,000 $ 600 $1,500 ?77 52. Using the facts in problem 51, what is the minimum tax that Pedro should pay to make the tax structure vertically equitable based on the tax rate paid? This would result in what type of tax rate structure? 53. Using the facts in problem 51,...
What is your opinion of the “Circular Structure”? Explian your answer. Do you think that it...
What is your opinion of the “Circular Structure”? Explian your answer. Do you think that it could work in your current organization? Why or why not?
In the absence of federal labor laws, what do you think the scope and nature of...
In the absence of federal labor laws, what do you think the scope and nature of labor relations would be in the United States?
14. Given the following tax structure, what minimum tax would need to be assessed on Shameika...
14. Given the following tax structure, what minimum tax would need to be assessed on Shameika to make the tax progressive with respect to average tax rates? Taxpayer Salary Muni-Bond Interest Total Tax Mihwah $ 10,000 $ 10,000 $ 600 Shameika $ 50,000 $ 30,000 ??? 15. Given the following tax structure, what minimum tax would need to be assessed on Shameika to make the tax progressive with respect to effective tax rates? (Round your final answer to nearest whole...
Why did Congress decide to set up the Federal Reserve System in 1913? Do you think...
Why did Congress decide to set up the Federal Reserve System in 1913? Do you think that the Federal Reserve is needed today?
Do you think there are too many frivolous cases filed? If you answered yes, how would you revise the federal rules of ci...
Do you think there are too many frivolous cases filed? If you answered yes, how would you revise the federal rules of civil procedure to raise the standard on what constitutes a frivolous case? If you answered no, explain why you do not think so.
In the absence of federal labor laws, what do you think the scope and nature of...
In the absence of federal labor laws, what do you think the scope and nature of labor relations would be in the United States? Are current labor laws capable of dealing with labor- management problems, or should they be abolished?
Who Benefits from a Tax Cut
Do you think either of chart fairly communicates the impact of
the proposed tax cut? If so, which one and why? If not, why not?
Can you think of a way to present the numbers more fairly?
Rich Pav More Under Tax Cuts High-Income Households Receive Highest Dollar Benefit from Tax Cuts Average annual tax benefit Share of Total Income Taxes Paid to Federal Annual Income Treasury estimate Less than $10.00 $53 $10,000 to...
51. Given the following tax structure, what tax would need to be assessed on Venita to make the tax horizontally equitable? Taxpayer Mae Pedro Venita SalaryTotal Tax $10,000 $20,000 $10,000 $ 600 $1,500 ?77 52. Using the facts in problem 51, what is the minimum tax that Pedro should pay to make the tax structure vertically equitable based on the tax rate paid? This would result in what type of tax rate structure? 53. Using the facts in problem 51,...
Most questions answered within 3 hours.
-
Project management question:
Name 3 different types of resources (hint: humans are one
type)
asked 2 minutes ago -
Consider the following reaction: C 2H 2( g) + 2H 2( g) C 2H 6(
g)...
asked 9 minutes ago -
Consider a 1.0 L buffer containing 0.092 mol L-1 HCOOH and 0.100
mol L-1 HCOO-. What...
asked 18 minutes ago -
Koch Realty has owned a vacant land with a FMV of
$775,000 and an adjusted basis...
asked 24 minutes ago -
It is estimated 29% of all adults in United States invest in
stocks and that 85%...
asked 24 minutes ago -
What does a 2-sided p value of 0.04 mean? (I am not asking if it
is...
asked 38 minutes ago -
A parallel-plate capacitor is made from two aluminum-foil
sheets, each 7.8 cmcm wide and 5.1 mmlong....
asked 39 minutes ago -
1. why is toluene a stronger nucleophile than benzene?
2.why is phenol a stronger nucleophile than...
asked 56 minutes ago -
4. How can you solve for the density of the liquid from the
slope? Please show...
asked 56 minutes ago -
when 2053 j of heat is added to 46.3 g of hexane C6H14 the
temperature increases...
asked 1 hour ago -
I need new and unique answers, please. (Use your own words,
don't copy and paste), Please...
asked 1 hour ago -
MCL 445.111 et seq. deals with Home Solicitation Sales.
MCL stands for Michigan Compiled Laws which...
asked 1 hour ago