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a tax is fair is the persons who is being taxed have representitves in Parliament.
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∙ 12y ago
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What is the One of he criteria that makes tax fair?
ability to pay
Some states tax all taxable income at the same rate they have a flat tax rate.?
That is a true statement. Wisconsin, for example, taxes everyone fairly. The rate of tax is the same no matter how much you earn. The only more fair method of taxation would be very regressive and taxing those that use the system more. A use tax would be the most fair. Taxing those that use any particular service for that use would be very fair. The downside is that most people that are heavy users of the system have the lowest income. That makes this tax impossible.
What is the property tax rate in British Columbia?
Property Transfer Tax RatesThe amount of tax due depends on the fair market value of the property that is transferred:If the fair market value is $200,000 or less, the tax is 1% of the fairmarketvalue.If the fair market value is greater than $200,000, the tax is 1% of the fairmarket value up to $200,000, plus 2% on the portion of the fair market value that is greater than $200,000.For example:if fair market value of property is $150,000tax payable is: 1% of $150,000 = $1,500if fair market value of property is $250,000 tax payable is: 1% of $200,000 = $2,000 plus 2% of $50,000 = $1,000 for total tax payable of $3,000
1099 tax formw2 tax form calculator?
You need to clarify your question. It makes no sense as is.
Corporate tax rate?
The corporate tax structure is progressive; the more that a corporation makes, the higher the tax bracket. Tax rates start at 15% and top out at 35%.
What is the percentage of the retail price imposed as a tax?
One of the criteria that makes a tax fair
What is the One of he criteria that makes tax fair?
ability to pay
Regular income tax Fair tax Flat tax which would be your choice?
flat income tax
When a tax system is referred to as being neutral it implies that?
tax system is fair
Some states tax all taxable income at the same rate they have a flat tax rate.?
That is a true statement. Wisconsin, for example, taxes everyone fairly. The rate of tax is the same no matter how much you earn. The only more fair method of taxation would be very regressive and taxing those that use the system more. A use tax would be the most fair. Taxing those that use any particular service for that use would be very fair. The downside is that most people that are heavy users of the system have the lowest income. That makes this tax impossible.
Tax takes the same percentage of income from everyone regardless of their earnings?
Fair tax
What is the property tax rate in British Columbia?
Property Transfer Tax RatesThe amount of tax due depends on the fair market value of the property that is transferred:If the fair market value is $200,000 or less, the tax is 1% of the fairmarketvalue.If the fair market value is greater than $200,000, the tax is 1% of the fairmarket value up to $200,000, plus 2% on the portion of the fair market value that is greater than $200,000.For example:if fair market value of property is $150,000tax payable is: 1% of $150,000 = $1,500if fair market value of property is $250,000 tax payable is: 1% of $200,000 = $2,000 plus 2% of $50,000 = $1,000 for total tax payable of $3,000
In the US tax system everyone is supposed to pay a fair?
life's not fair - why should taxes be?
What taxes does the fair tax abolish?
It abolishes 20-25%
What are the positive and negative aspects of the Fair Tax?
ion kno
Will people below the poverty level get a tax break on the fair tax?
I would imagine that people below the poverty level will get a tax decrease.
What makes life fair?
Life is not fair, and nothing will make it so.
