Comparatively when you have more income or less deductions/exemptions.
The wealthy do pay income tax, and since the wealthy have more income, they must pay more money in income tax.
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.
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.
In Afghanistan if your monthly salary is 5000 afs ($100) or less, you don't pay any income taxes. If it's more that 5000 afs you pay 2 percent in tax, if you earn more than 12,500 afs you pay 10 percent in tax, if you earn 100,000 afs, ($ 2000) and more, you pay 20 percent as income tax. But does everyone really pay his taxes?
The more taxable income they have, the more they pay
Compare TurboTax Software and provides extra guidance to simplify tax preparation were people pay to pay you. tax software cost more. this really makes tax money.
Hong Kong uses aggressive taxation, it means the more money you make, the more tax you pay. Middle class in HK pay no more than 20% a year, and there is no sales tax. Hong Kong has one of the lowest tax rates regions in Asia.
yes you have to pay 15 dollars more
The Federal income tax is a progressive tax because the more a person makes in revenue, the more tax they will have to pay. The tax level or percentage is higher for those with a higher income, too.
Yes, but you pay the sales tax to the state you register it in. Where you live. They will make you pay it when you get your license plates. You find more at http://CarBuyingHowTo.com
put more money back into the pockets of people who pay tax, before the tax rate cut was introduced.
The Canadian tax structure is usually progressive. This means that the more money you earn, the higher the tax that you will pay.