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What is the Name 3 types of taxes?
Proportional tax: Remains a fixed amount (percentage) no matter the amount being taxed. Progressive tax: Increases as the amount being taxed increases. Regressive tax: Decreases as the amount being taxed increases.
What is is the best description of a tax rate?
percentage at which tax is being leviedrepresents the subject being taxed
Are tax payers the third party payers?
yes
Is the US military double taxed?
Active duty servicemen pay just as much income tax as anyone else. ^^it was explained that military personnel get paid by tax payers dollars. upon receiving those paychecks, they get taxed again. wouldnt that be double taxation? which is wrong?
What makes a tax fair?
a tax is fair is the persons who is being taxed have representitves in Parliament.
What are you being taxed on?
YOU are being taxed on all of your gross worldwide income from all sources that you have reported on your income tax return for the year.
How does sales tax affect the consumer's budget line?
it raises the price of the good being taxed by that tax rate per unit of the good taxed
What is annual tax?
Annual tax can be define as the amount of money that you are being taxed per year.
What is the best descripption of tax base?
it represents the amount being taxed.
Which of these is the best description of a the tax base?
It represents the subject being taxed
Which of this is the best description of a tax base?
It represents the subject being taxed.
Which of these is the best description of a tax base?
It represents the amount being taxed.
