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A taxation strategy where everyone pays the same dollar amount regardless of income?
Wiki User
∙ 13y ago
Proportional.
Wiki User
∙ 13y ago
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What is a taxation strategy where everyone pays the same dollar amount regardless of income?
A taxation strategy where everyone pays the same dollar amount regardless of income is a?
A taxation strategy where everyone pays the same percentage amount regardless of income is a strategy called what?
The so-called Flat Tax.
What is the taxation strategy where everyone pays the same dollar amount regardless of income?
That sounds like a poll tax.
A taxation strategy where everyone pays the same amount regardless of income?
Flat tax has no regard to income. Graduated tax is related to income.
A taxation stratery where everyone pays the same dollar amount reguardless of income is a blank strategy?
A flat tax is a taxation strategy where everyone pays the same rate regardless of income. A flat tax and fair tax are the two most commonly proposed alternatives to the current US tax system.
What taxation strategy is the amount of taxes you pay not determined by your income?
regressive
A taxation strategy where eveyrone pays the same dollar amount regardless of income is what strategy?
It's an impossible strategy. Let's say you decided to make the tax $5,000 per person age 25 and older. Military and grad students would not be able to survive. Don't want to lose either of those classes of people... All this tax scheme does is make the poor destitute and the rich laugh all the way to the bank.
What taxation strategy is when the amount of taxes is not determined by your income?
There are many taxes that are not determined by your income:sales taxes, property taxes, tariffs, excise taxes, capitation or "head" taxes, etc.
What is provision for taxation?
The amount which is kept by the company to pay taxes against its profits is known as provision for taxation. Provision for taxation considered as current liability.
Do you have to make a certain amount of money to even claim it on taxes?
No. Everyone is free to file a tax return regardless of income. People who make more than a certain amount are required to file.
How much will taxes be for your unemployment of 11000?
Unemployment Benefits are subject to federal taxation, as well as state taxation (depending on the state in which you live). Certain states exempt unemployment benefits from taxation, and there are states with no state taxation, regardless of the income source. The amount you will pay in taxes on $11,000.00 is dependent on factors such as your tax filing status, how many exemptions you claim on your taxes, and whether you will be filing the standard deduction or itemizing deductions.It would be impossible to determine how much your taxes would be on unemployment of $11,000.00 without knowing the state where you received the unemployment benefits, and other filing questions that will affect the amount of taxes you will have to pay. If this was all the income you received for the year, regardless of your filing status or state, you should only have to pay a minimum amount. However, if you found work and the $11,000 is only a small percentage of what you received for the year (adding in your employment income) the amount you pay may be much more. I suggest you contact a tax consultant.
What amount of liquor can be brought from Quebec into Ontario?
Any amount. There is no cross province taxation on liquor.
