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What best describes the reason personal income tax and the sales tax were introduced in the states throughout the 1930s and 1940s?
Wiki User
∙ 13y ago
To fund New Deal social programs
Wiki User
∙ 13y ago
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What is the reason personal income tax and the sales tax were introduced in the states throughout the 1930s and 1940s?
To fund New Deal social programs (study island) Walter WAS HERE!
What is the the reason personal income tax and the sales tax were introduced in the states throughout the 1930s and 1940s?
To fund New Deal social programs (study island) Walter WAS HERE!
What law introduced a version of the modern income tax on personal earnings?
The 16th Amendment to the United States Constitution, ratified in 1913, introduced the modern income tax on personal earnings. This amendment granted Congress the power to levy an income tax without apportioning it among the states based on population.
What major events took place in the 1900s?
Personal Income tax was introduced - in 1913
How to culculate personal income to disposable income?
Personal Income = Disposable Income + Personal Savings
To calculate disposable personal income you take personal income and subtract what?
individual income taxes
What is personal income equal to?
Personal income is equal to the money an individual makes in a year. Personal income is usually derived from jobs or investments.
Would personal income disposable income or discretionary income be of the greatest interest to marketers?
Discretionary income, not personal income or disposable income, would be the greatest interest to marketers.
How much is Washington state income tax?
Washington does NOT have any Personal Income TaxesNo state personal income taxRetirement Income: Not taxed.
What is definition of personal income?
An individual's income.
What s meant by income inequality.distinguish between personal and functional distribution of income.?
What is meant by income inequality? Distinguish between personal and functional distribution of income.
What is Washington state taxe rate?
Personal Income TaxesNo state personal income tax
