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Many people back then thought it was necessary to increase taxes because they wanted to eliminate the budget deficit. It would help to meets its regular expenses. It would help an army, court, government offices, and universities.
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Why did Hawaii not want to become a state?
For many it meant an increase in taxes.
How many percent is the increase of 1.90 to 2.02?
.6% I think
Does Obama want to raise taxes on guns and ammo?
He has proposed a %500 percent increase on ammunition taxes and has supported many gun bans in the past, some are sensible some are just biased
Why did leaders honor women for having many children?
they wanted to increase their population, the more citizens the better, more soldiers, more taxes.
Why leaders honor women for having many children?
they wanted to increase their population, the more citizens the better, more soldiers, more taxes.
How many allowances can you claim on your taxes without being penalized?
One would think that you could claim as many allowances as are legitimate.
Why an increase in income does not necessary mean an increase in welfare of the people?
There are many reasons why this might be the case; one of the simplest is inflation (meaning increase in how much things cost). If the rate of inflation is higher than the rate of increase in income, then you have more money but it buys less.
What do people think about the legal system?
There are as many opinions as there are people that have them. Maybe people think the legal system is necessary and noble. Many think it is bureaucratic and inflexible. Many think it is out to get them. Many have no idea what it does. Those that either have ill will towards the law often do not understand its purpose, nor do they appreciate the stability and social security that it provides. It is a complex matter, but the law is, in most cases, necessary for the social and political advance.
Tax Preparation Help?
form_title=Get Help With Tax Preparation form_header=Learn how to file your taxes and find all of the qualifying deductions. Do you have the necessary paperwork to file your taxes?= () Yes () No How many people will you be filing for?= () 1 () 2 () 3 () 4 () 5 () 6 () 7 Have you paid your taxes in previous years?= () Yes () No
What can push an economy in recession into a depression?
Greedy politicians raising taxes on corporations to pay for their socialist agendas. The increase in taxes would make corporations less profitable and force many to lay off workers, adding to unemployment, and eventually reaching a depression.
What taxation strategy is when the amount of taxes is not determined by your income?
There are many taxes that are not determined by your income:sales taxes, property taxes, tariffs, excise taxes, capitation or "head" taxes, etc.
What party believes that increasing taxes during an economic recession is necessary to finance the increase of government spending?
In the U.S: Republican Party: Opposes to increasing taxes most of the time. Many believe that by reducing taxes to top earners, businesses will use the savings to spend more on the economy or retain earnings in a company to grow by investing in equipment or hiring more employees. Democratic Party: Proposes increasing taxes to the wealthy to fund government programs that help the economy recover. To my understanding the statement in the question does not exemplify the views of any of the two major parties in the U.S as during a recession Democrats try to increase government spending (taxing only the very wealthy) while Republicans try to incentive the economy through tax incentives and reductions in government spending. Both views make sense and are reasonable and should be respected
