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In What Ways Are Taxes Unfair To The Middle Income Group Than The Low Income Group?
Wiki User
∙ 6y ago
The middle income taxer pays for most of the programs and government offices. Lower tax brackets pay too, but at s lesser rate. The people who come out of the tax system the best are the wealthy. They only pay about 15% compared to the middle income earner who is paying 30-35% of their income.
Wiki User
∙ 6y ago
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What is the difference between income taxes and state taxes?
Income taxes are taxes paid based on the amount of your wages and other forms of income, including but not limited to investment income, pensions, interest and dividend income, business income, rental income, etc. Income taxes are assessed by and paid to the federal government and, depending on where you live, also state and local governments. State taxes can come in many forms, including not only income taxes, but also property taxes, sales taxes, use taxes, excise taxes, business taxes, etc.
Define earned income taxes and personal income taxes?
An individual taxpayer using the 1040 federal income tax return earned income worked for income and the related income taxes and the personal income taxes would be the same thing on the 1040 income tax return.
Are federal income taxes deductible for federal corporate income taxes?
No, they are not.
Can managers file taxes?
Sure. If you have income, you are required to file income taxes.
Is Annual income before or after taxes?
It could be either one that you want it to be called.Annual income before taxes for the year.Or Annual income after taxes for the year.
Colonists formed the organization to protest unfair taxes called what?
Sons of liberty. They were a secret group basically to protest against anything unfair Great Britain did.
What taxes are higher corporate or income taxes?
income taxes
What is the difference between income taxes and state taxes?
Income taxes are taxes paid based on the amount of your wages and other forms of income, including but not limited to investment income, pensions, interest and dividend income, business income, rental income, etc. Income taxes are assessed by and paid to the federal government and, depending on where you live, also state and local governments. State taxes can come in many forms, including not only income taxes, but also property taxes, sales taxes, use taxes, excise taxes, business taxes, etc.
Why did king john in middle ages make the peasants pay unfair taxes?
Because he wanted to pay for a very expensive war in France which he lost
How did colonists protest unfair taxes?
pupitre
Define earned income taxes and personal income taxes?
An individual taxpayer using the 1040 federal income tax return earned income worked for income and the related income taxes and the personal income taxes would be the same thing on the 1040 income tax return.
An excess of income taxes expense over income taxes payable for a period is associated with?
a credit to deferred income taxes payable
What ideology would be more likely than others to grumble about paying high income taxes?
middle-of the-road
Are federal income taxes deductible for federal corporate income taxes?
No, they are not.
Why are taxes unfair?
Taxes are fair. They are only unfair if: the people who are being taxed have no say, or they are discriminating. i.e. poll taxes.Taxes fund almost everything our government does.
Can managers file taxes?
Sure. If you have income, you are required to file income taxes.
What is Property taxes and income taxes are direct taxes?
type of taxes, when/how is this applied, how to calculate thisProperty taxes are taxes imposed by the cities in your state, income tax is imposed by the Internal revenue Service, where the amount is cintigent upon your income
