Flat taxation
Flat taxation
Flat taxation
Flat taxation
a tax system in which everyone pays the same percentage of their income no matter how little or how much they make
A flat tax.
Flat tax.
If you have no income you do not pay any taxes, therefore the lowest tax rate in this case would be 0.
== == Flat Tax or also called 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
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.
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.
Yes, any income no matter how you make it is taxable.