0
6
Wiki User
∙ 2015-04-22 14:17:59
Add your answer:
Earn +20 pts
How many tax brackets are in the US?
6
Should the rich have to pay a greater portion of their income in taxes than the poor why or why not?
The rich do in fact pay a higher percentage of their income in income tax, because we have a progressive income tax based on six different tax brackets, where the higher your income is the higher a percentage tax bracket you will be in. Depends on which country you're in. In the US, this is not the case.
What is a graduated tax?
Like the one i the US where there are brackets of percentages of tax, that get larger as the income gets larger. A low earner pay a low percent, a higher earner a higher percent.
You have drawn 17500 per month How much do you pay the tax per annum?
The tax per annum is determined by the government approved tax rates for particular income brackets. The current tax rate for a 200,000 annual income in the US is 13.8% the federal tax rate is 24.0%.
What is a graduated income tax?
Like the one i the US where there are brackets of percentages of tax, that get larger as the income gets larger. A low earner pay a low percent, a higher earner a higher percent.
What is corporate taxation?
C Corporation in the US must pay taxes on the net profits of the corporation before dividends and taxes. The corporate tax is a progressive tax and the tax brackets start at 15 percent then climb up to 35 percent.
Is there an online or printed source available in the US that gives personal and corporate British income tax brackets and rates during World War 2?
no no
What is 2.19 plus tax?
There is no one tax rate- it is different in different places and for different things. Unless you tell us where you are, and what you are buying, it is not possible to give you a real answer.
How many tax lawyers are in the US?
10,000
How many tax attorneys are there in the US?
200,000
How much income tax would I pay if I inherit 100000?
Tax laws are different in different places, and you did not give a location. In the US, an inheritance is not covered by income tax, but could be covered by some other taxes. Sorry, no one simple answer.
How much tax would you pay on a US dollar?
Every State and sometimes every county in a state has different Sales Tax rates. Same with State Income Tax, depending on each State's Tax Burden.
