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A taxation stratery where everyone pays the same dollar amount reguardless of income is a blank strategy?
A flat tax is a taxation strategy where everyone pays the same rate regardless of income. A flat tax and fair tax are the two most commonly proposed alternatives to the current US tax system.
What do you call a tax where the percentage of tax remains constant as income rises?
A tax system that maintains a constant percentage rate on income as it rises is commonly known as a "flat tax".
What has the author Georgia Kaplanoglou written?
Georgia Kaplanoglou has written: 'The distributional impact of the proposed tax reform on Greek households' -- subject(s): Income distribution, Income tax, Taxation
What is the tax on excess income called?
The tax on excess income is commonly referred to as the "additional tax" or "surtax." This tax is typically applied to income that exceeds a certain threshold, and its purpose is to impose a higher tax rate on higher earners. In some countries, it can be specifically termed as an "income surtax" or "wealth tax," depending on the context and specific tax laws.
What political party proposed an increase in the money supply a graduated income tax and a federal loan program?
The Populist Party
What political party proposed an increase in the money supply a graduate income tax and a federal loan program?
The Populist Party
What is the percent of state income tax for Kentucky?
Kentucky has a flat state income tax rate of 5% for individuals. This rate applies to all personal income, with some deductions and exemptions available. Additionally, Kentucky has proposed changes to its tax structure, so it's advisable to check for any updates or modifications.
What type of tax transcript does the mortgage company ask for?
A 4506T - Income Tax Transcript will be requested for any of a variety of personal and business income tax returns. The most commonly requested transcript is for 1040 personal returns.
What is Before tax income after tax income?
Before tax income is gross income less allowable deductions and rebates = assessable income. After tax income is assessable income less the applicable income tax
What is a FITWH tax?
FITWH tax more commonly known as FITW is federal income tax withholding tax. This is the amount of money that the federal government takes out of each of your paychecks.
What is a tax on people's earnings called?
A tax on people's earnings is commonly referred to as income tax. This tax is typically levied by governments on individuals and businesses based on their income or profits. The rates can vary depending on the income level and jurisdiction, often structured progressively, where higher earners pay a larger percentage.
Which proposed Populist Party reforms were eventually adopted a Constitutional Amendments?
federal income tax and the direct election of u.s. sentators
