0
If employees pay the same percentage of their income to the government no matter how much they make this is known as?
Wiki User
∙ 8y ago
Flat taxation
Bella Bowman
Add your answer:
Earn +20 pts
If employees pay the same percentage of their income to the government no matter how much they make is known as?
Flat taxation
In a blank taxation strategy the consumer pay a specific percentage of their income towards taxes no matter what their level of income?
Flat tax.
Do big companies have to pay income taxes?
Yes everyone has to pay income taxes no matter what even the president.
When do you start paying income taxes?
There are no age (young or old), or start and stop times for income tax. It is all a matter of Taxable Income (not a matter of working - many people who don't work have or make a lot of money). it is entirely possible and not at all unusual that a newborn that inherits or is gifted money/property, income will have income from it as well as tax due on it.
Does Federal Income Tax get deducted from bonuses?
Sure...you can call income from your employer anything you want, (and it doesn't matter if you get paid by say, having the use of a car or house), it is income and taxable.
If employees pay the same percentage of their income to the government no matter how much they make this is known as .?
Flat taxation
Is employees pay the same percentage of their income to the government no matter how much they make this is known as?
Flat taxation
If employees pay the same percentage of their income to the government no matter how much they make is known as?
Flat taxation
What is a proportional tax?
a tax system in which everyone pays the same percentage of their income no matter how little or how much they make
What tax strategy requires people to pay a specific percentage of their income no matter what their level of income is?
A flat tax.
In a blank taxation strategy the consumer pay a specific percentage of their income towards taxes no matter what their level of income?
Flat tax.
What is a taxation strategy when the consumer pays a specific percentage of their income towards taxes no matter what their level of income?
== == Flat Tax or also called a proportional tax.
What percentage of taxes do people pay no matter what there income may be?
If you have no income you do not pay any taxes, therefore the lowest tax rate in this case would be 0.
What is proportional taxes?
a tax system in which everyone pays the same percentage of their income no matter how little or how much they make
How can online stock trading produce income?
Online stock trading produce income by transaction fee. Each transaction cost a certain percentage of the stock no matter if the stocks goes up or goes down. Be wary.
Are child support payments taxable?
No, the money has already been taxed as income, therefore it would not be subject to further taxation. Likewise, the custodial parent or legal guardian of the minor child should not include support payments as being taxable income.
Is income from a lawsuit taxable?
Yes, any income no matter how you make it is taxable.
