Homework Answers
Ans.- top 20%
the U.S. individual income tax continues to be very progressive, borne primarily by the highest income earners
Add Answer to:
In the US, which group of taxpayers by income group would you expect to pay the...
Taxation Question 43) Which of the following statements is correct? A) Taxpayers with household income which...
Taxation Question
43) Which of the following statements is correct? A) Taxpayers with household income which is more than 400% of the Federal Poverty Level are eligible to claim the premium tax credit. B) The premium tax credit is only available when the taxpayer files his or her tax return. C) The premium tax credit is designed to help eligible taxpayers pay some of their health insurance premium. D) Taxpayers who receive a credit are not required to file a...
You would expect a bond of an Eastern European government to pay interest rate as compared...
You would expect a bond of an Eastern European government to pay interest rate as compared to a bond of the U.S. government. You would expect a bond that repays the principal in year 2040 to pay interest rate as compared to a bond that repays the principal in year 2020. You would expect a bond from a software company you run in your garage and a bond from Coca-Cola to pay different interest rates because of differences in the...
After a study about the income bracket in the US, you found the household real income...
After a study about the income bracket in the US, you found the household real income of middle class, e.g. $50,000 to $99,000 has been decreasing in the percentage of total population in the past 20 years. But the share of high-income ($100,000 and above) has increasing over time. How this change would affect the US Gini coefficient? Please present details of your answer.
On average, U.S. households with income in the bottom 20% pay _____ of their incomes in...
On average, U.S. households with income in the bottom 20% pay _____ of their incomes in federal income tax. A. less than 5% B. between 5% and 15% C. more than 25% D. between 15% and 25% The Social Security program in the United States is financed by: A. FICA tax revenue. B. excise tax revenue. C. corporate income tax revenue. D. individual income tax revenue. When fiscal policy is done through tax cuts instead of spending increases: A. the...
There's been a fair amount of talk about income inequality in the U.S. Or more to...
There's been a fair amount of talk about income inequality in the U.S. Or more to the point, talk about how inequality has been increasing. So has it? And to what extent? Let's take a look at income shares. We can take the income earned by every U.S. resident and add them all up. That's total or aggregate income. Then we can divide households up according to their incomes. Let's think that we put households on a "ladder" according to...
Which of the following molecules would you expect to be polar? Group of answer choices AsCl3...
Which of the following molecules would you expect to be polar? Group of answer choices AsCl3 CS2 SCl6 CBr4 BeCl2
- What are the correct monthly rates for calculating failure to file and failure to pay...
- What are the correct monthly rates for calculating failure to file and failure to pay penalties? A) Failure to file Failure to pay 5.0% 5.0% B) Failure to file Failure to pay 0.5% 0.5% C) Failure to file Failure to pay 5.0% 0.5% D) Failure to file Failure to pay 0.5% 5.0% - The largest source of revenues for the federal government comes from A) corporate income taxes. B) individual income taxes. C) Social Security and...
At the end of gel electrophoresis, what would you expect to find? the largest fragments closest...
At the end of gel electrophoresis, what would you expect to find? the largest fragments closest to the wells O the mid-sized fragments toward the middle of the gel the smallest fragments toward the opposite end of the gel from the loading wells O all of the above
Question 14 0.13 pts Which statements best describes the relationship between the top marginal tax rate...
Question 14 0.13 pts Which statements best describes the relationship between the top marginal tax rate in the United States and economic growth over the last 50 years? Top marginal tax rates have increased over time, while economic growth has remained constant. Top marginal tax rates have remained steady over time, while economic growth has declined. Top marginal tax rates have remained steady over time, while economic growth has increased. Top marginal tax rates have declined over time, while economic...
Which kind of stock would you expect to pay the higher average return: stock in an...
Which kind of stock would you expect to pay the higher average return: stock in an industry that is very sensitive to economic conditions (such as an automaker) or stock in an industry that is relatively insensitive to economic conditions (such as a water company)? Why?
Taxation Question
43) Which of the following statements is correct? A) Taxpayers with household income which is more than 400% of the Federal Poverty Level are eligible to claim the premium tax credit. B) The premium tax credit is only available when the taxpayer files his or her tax return. C) The premium tax credit is designed to help eligible taxpayers pay some of their health insurance premium. D) Taxpayers who receive a credit are not required to file a...
There's been a fair amount of talk about income inequality in the U.S. Or more to the point, talk about how inequality has been increasing. So has it? And to what extent? Let's take a look at income shares. We can take the income earned by every U.S. resident and add them all up. That's total or aggregate income. Then we can divide households up according to their incomes. Let's think that we put households on a "ladder" according to...
At the end of gel electrophoresis, what would you expect to find? the largest fragments closest to the wells O the mid-sized fragments toward the middle of the gel the smallest fragments toward the opposite end of the gel from the loading wells O all of the above
Question 14 0.13 pts Which statements best describes the relationship between the top marginal tax rate in the United States and economic growth over the last 50 years? Top marginal tax rates have increased over time, while economic growth has remained constant. Top marginal tax rates have remained steady over time, while economic growth has declined. Top marginal tax rates have remained steady over time, while economic growth has increased. Top marginal tax rates have declined over time, while economic...
Most questions answered within 3 hours.
-
Assume one of your finals has 50 questions on it, and
lucky for you, it's all...
asked 12 minutes ago -
Rice Products in Bangladesh
Business behavior is derived in large part from the basic cultural
environment...
asked 1 hour ago -
The following base sequence is found for a mRNA fragment from
wild-type E. coli: 5'- UAUCAGUAGAUAAUGUAACC-3'...
asked 1 hour ago -
For this exercise, round all regression parameters to three
decimal places.
One of the two tables...
asked 2 hours ago -
What is the 5% level of significance for mean = 3.60, standard
deviation = 0.94, and...
asked 2 hours ago -
Prior to beginning work on this discussion, please read the
article by Hayley Peterson, 15 Companies...
asked 2 hours ago -
Which pair of aqueous solutions, when mixed, will form a
precipitate?
A) NaNO3 and AgC2H3O2
B)...
asked 3 hours ago -
1-Write an algorithm to get two numbers from the user (as
inputs) and calculate the sum...
asked 6 hours ago -
Define white-collar crime. What is the difference between
offender and offense-based definitions of white-collar crime? What...
asked 7 hours ago -
Consider a reaction which is 1st order with respect to A and 1st
order with respect...
asked 7 hours ago -
c++
The length of the hypotenuse of a right-angled triangle is the
square root of the...
asked 7 hours ago -
When a metal rod is heated, not only its resistance but also its
length and crossâsectional...
asked 7 hours ago