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How did how did the lower tax rates of the 80s and 90s affect the share of taxes paid by high-income taxpayers?
Wiki User
∙ 9y ago
High-income taxpayers paid a larger portion of the tax bill when the top marginal rate was less than 40% than when it was 70% or more.
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Why are corporate tax rates higher than individual tax rates?
Corporate tax rates tend to be lower than individual tax rates.
How do S Corporation taxes affect the shareholders?
Corporate Taxes in the United States are some of the highest in industrialized nations and thus have a huge effect on the returns of shareholders. Lower corporate tax rates would result in higher earnings and profits for the company's shareholders.
What effect do low interest rates have on business investment?
The effect that low interest rates have on business investments is a low return. The low return will affect the profits of a business. It will also slow down business investments.
What does bill consolidation consist of?
Bill consolidation helps you to get out of debt. It helps to lower different interest rates on credit cards and other expenses.
What is the capitol gains tax rate for a company?
Business property that is held for one year or less is considered to be held on a short-term basis. If you sell, scrap, retire, or otherwise dispose of a short-term capital asset, any related gains will be taxed at your ordinary income tax rate. However, if the property was held for more than one year, gains on it will generally be treated as long-term capital gains. While property used in a trade or business is technically not a "capital asset," in the IRS's view, the tax laws do apply the more favorable capital gains tax rates to this property. In 2003, Congress lowered the maximum dividend and capital gains tax rates for most (but not all) dividends and capital gains from 20 to 15 percent for qualifying taxpayers. Taxpayers in the 10- and 15-percent tax brackets are eligible for an even lower rate of five percent. In 2008, the rate for taxpayers in the 10- and 15-percent tax brackets fell to zero. As originally enacted, these tax rate cuts were temporary and were scheduled to expire at the end of 2008. However, Congress extended the cuts for two more years through December 31, 2010
How would low interest rates affect airlines?
Low interest rates positively affect airline industries because they lead to the investment of new technology and capital. This will increase the rate of return and increase the value of the infrastructure and services at lower costs, which will induce better quality and higher demand, which will financially benefit the airline industries with lower rates of inflation. High interest rates will actually increase inflation.
What will not affect reaction rates?
Astrological signs will not affect reaction rates.
What factors might help a person get low car insurance rates?
Your age (younger individuals have higher premiums) , driving records (better to have fewer points on licence) and no-claims all lower your insurance rates but cannot necessarily be controlled. However, paying a higher excess can lead to a lower premium, installing security systems and level of cover can also lower premiums. Your postcode (lower crime rates), mileage (lower mileage) and (private) parking also affect insurance rates.
Can having a camera security system lower my home owners insurance?
Yes it can. Consult your home owners insurance policy on how it will affect your rates. Also find out which systems qualify for lowering your rates.
What are factors that affect literacy rates?
poverty is the main factor that affect literacy rates
How can you get your car insurance to ignore your bad credit and lower your rates?
A bad credit rating will most always affect your car insurance rates. This is what car insurers call 'being at risk' - The best 'fix' to get lower car insurance rate is to improve your credit rating.
What affect rates does a enzyme catalyzed reaction have?
Enzymes increase the rate of reaction by changing the reaction mechanism to one with a lower activation energy.
Can driver's ed lower insurance rates?
Yes, they can help lower insurance rates, but not usually by a lot. Also female insurance rates are usually lower than male ones.
What affects death rates?
What affects death rates???Quite a few things can affect death rates a few of them are:warfaminedroughtdiseaseThese are just a few of the things which affect death rates
Why do periwinkles lower their metabolic rates?
They lower their metabolic rates during exposed periods to minimise oxygen consumption.
How interest rate affect the value of us dollar?
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Would a short term monetary policy take most action in lower interest rates?
lower interest rates
