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Why do some people say real estate taxes are taxes on middle class people?
Wiki User
∙ 8y ago
Middle class people buy their own houses, and own them, and pay taxes on them. Poor people rent houses or apartments. (There's a lot of overlap and gray area between these categories!)
Rich people have their homes attached to various trusts and sometimes charities, and these are often taxed at a lower rate, or the taxes are paid as a business expense. So the wealthy people often don't pay their own taxes; they have somebody else to manage the business of minimizing their taxes.
Wiki User
∙ 8y ago
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Should rich people pay more taxes?
yes rich people should pay more taxes because the middle class pays taxes to support the poor people there for the rich should help pay
Who are required to pay taxes?
Everyone is required to pay taxes it's just that some people pay more depending on what the stupid government thinks is right. Rich people pay least taxes middle class pays average and poor/lower class pay a lot.
Do you pay estate taxes on property left to you?
Generally the taxes are paid by the estate.
Who pays taxes on estate that is controlled by the executor?
The executor of an estate uses the assets of the estate to pay any taxes or other debts owed by that estate. If it should turn out that the taxes owed exceed the value of the estate, then the executor pays as much as the estate consists of, after which there is no longer an estate.
Do I have to pay estate taxes on inheritance property?
Yes, you will have to pay estate taxes on inherited property. In the United States an estate taxes is always imposed on the transfer of the "taxable estate" of a deceased person. Have already paid state taxes for CA. in FEB. Are there going to be more? I've paid taxes, is there aditional taxes included.
Why do some people say that real estate taxes are taxes on middle-class people?
Only middle-class people pay a real estate tax.B.Real estate taxes make up a large part of the expenses of most middle-class people. Middle-class people benefit the most from real estate taxes. There is no good reason -- it is a myth.
Who paid most of the taxes in prerevolutionary France?
The 3rd Estate Which consisted of peasants, Middle Class People and Workers.
What estate was exempt from paying taxes during the French revolution?
The Third Estate (peasants and middle class professionals) paid the most taxes, yet they were the poorest
Describe the three estates of France Who paid the taxes?
The Catholic Clergy were the First Estate and were tax exempt. The Nobles made up the Second Estate and paid no taxes. Everyone else was in the Third Estate and paid all of the taxes.
What were the names of the social classes in France before the French Revolution?
The social classes were: First Estate: The richest people in France. Paid no taxes. (clergy) Second Estate: Owned 35% of French land. Could move up to the first estate. Paid no taxes. (nobles, urban workers) Third Estate: Poor people. No say in running the country. Paid all taxes. Most of the French population. No chance to making it up to the second or first estate. (peasants, laborers)
What where the three estates during the french revolution?
the 3 estates during the French Revolution were; members of the clergy made up the 1st estate, nobles the 2nd estate, and the rest of the people the 3rd estate. the 3rd estate included the working people of the cities and a large and prosperous middle class made up chiefly of merchants, lawyers, and government officials.
Should rich people pay more taxes?
yes rich people should pay more taxes because the middle class pays taxes to support the poor people there for the rich should help pay
Who are required to pay taxes?
Everyone is required to pay taxes it's just that some people pay more depending on what the stupid government thinks is right. Rich people pay least taxes middle class pays average and poor/lower class pay a lot.
Explain the french society in the late 18 century?
In the late eighteenth century, the French society was divided into three classes. These are:1. The First Estate (The Clergy) : This Estate consisted Archbishops, Bishops and Abbots who governed the Church of France. These held about one fifth of the total land. These paid no taxes themselves. The Church collected the direct tax called tithe (1/10th) from the people.2. The Second Estate (The Nobles) : There were about 80,000 noble families. They enjoyed the privileges and did not pay any taxes. They crushed the peasants and collected taxes from them. They acted as judges, prosecutors and juries.3. The Third Estate (The Common People) : The majority of population belonged to this Estate, called the Plebians. They were the middle class, peasants and workers. The educated middle class (the bourgeoisie) consisted of doctors, lawyers, teachers, merchants and others. These paid about 50% of their income by the way of taxes. The government did not care for their welfare. They retained only 18% of their income. The farmers owned only two fifth of the land but paid four fifth of the total taxes.
What is President Obama going to do for California?
cut taxes for middle class and higher taxes for millionairess
Who paid most of the taxes that supported life at versailers?
the middle class
Who paid most of the taxes that supported life Versailles?
the middle class
