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Yes a good low income tax liability after the income tax return is completed correctly would be be very good for the taxpayer on the taxpayers 1040 federal income tax return.
Yes ofcourse !
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Which is not a characteristic of a good tax?
Characteristics of a good tax are equality, simplicity, certainty, and efficiency. These are the only characteristics of a good tax.
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.
Is TurboTax a good tax estimator?
yes, turbo tax is a good tax estimator. this is because you can tally up your mortgage and other tax areas. this can be beneficial for you and your family.
Principles of a good tax system?
The principles of good tax system is that it is efficient, understandable and equitable. The benefit principle is also another principle of a good tax system.
Are free income tax estimators as good as paid estimators?
Yes, a free income tax estimator can be as good as a paid income tax estimator. A tax estimator just allows you to have an estimate of your tax return.
Is 5 percent consider low?
It s considered moderate as a state/provincial tax sales tax rate (although any is too much for some), good for interest rate, and very low for gratuities.
What is a good tax software that will give good return?
Turbo Tax is one good tax software that will help people get a good return.
Which is not a characteristic of a good tax?
Characteristics of a good tax are equality, simplicity, certainty, and efficiency. These are the only characteristics of a good tax.
What is degreesive tax?
› TAX a type of tax in which people with high incomes pay less tax as a percentage of their income than those people with low incomes:
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 a tax on production or sale of good called?
excise tax
What is a tax on the sale or manufacture of a good?
Excise Tax
What is a tax on the sale manufacture of a good?
Excise Tax
Is a tax on a production or sale of good?
Excise tax
What is a tax on the manufacturer is sale of a good?
Excise Tax
Is TurboTax a good tax estimator?
yes, turbo tax is a good tax estimator. this is because you can tally up your mortgage and other tax areas. this can be beneficial for you and your family.
Is housing a public good?
If by " Affordable Housing" you mean, the Low Income Housing Tax Credit Program (LIHTC)and by " Public Good" you mean financed by taxaition, then actually LIHTC program is not a " Public Good" Sinced it is not financed by tax payers. The owner that developes a LIHTC projects receives a reduction to his tax liability. That is what makes the LIHTC such a great program, it provides decent, safe and sanitary housing with affordable rents to those whom need it most and tax payers are not paying for it.
