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regressive tax encourages earning. this is such that as for the case of progressive tax whereby the more you earn, the more taxes you pay in the case of regressive tax, the more you earn the more you get to keep.
What else can I help you with?
What is the advantage of dealing with tax lien certificates?
There are a couple of advantages of dealing with tax lien certificates. Perhaps the biggest advantage of dealing with a tax lien certificate is a big tax deduction.
What is tax advantage of giving inheritance?
upon death, estate tax is not required.
What are the advantages of income tax?
what are the advantage of incraesing the income tax in uk? or why they increas it?
What is an advantage of a value added tax?
15%
What is the advantage of married filing jointly?
The advantage of married filing jointly is that your tax may be lower than your combined tax for other filing statuses. Another advantage would be your standard deduction, if you do not itemize, my be higher and you qualify for tax benefits that do not apply to married filing separate.
What is the advantage of lower tax for the poor?
The Government is stupid.
What is the tax-benefit or tax-advantage of being a silent partner?
Compared to an active partner - NONE.
What is the symbol for Eaton Vance Tax-Advantage Global Dividend Opp in the NYSE?
The symbol for Eaton Vance Tax-Advantage Global Dividend Opp in the NYSE is: ETO.
In what year did Eaton Vance Tax-Advantage Global Dividend Opp - ETO - have its IPO?
Eaton Vance Tax-Advantage Global Dividend Opp (ETO)had its IPO in 2004.
How is it to your advantage if you have no income but have a child on your tax returns?
There is no advantage. You pay no taxes and you will not be eligible for any refundable credits.
Which type offers the greatest tax advantage?
Municipal bonds.
How can I maximize my tax credits to take advantage of potential savings?
To maximize your tax credits and save money, make sure to take advantage of all available tax credits that you qualify for, such as the Earned Income Tax Credit, Child Tax Credit, and education-related credits. Keep track of your expenses and deductions, and consider consulting with a tax professional for personalized advice.
