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What else can I help you with?
Which income is not shared by state government from central government?
bribery
What system of government can eliminate state agencies without the states approval?
the governemtn
Which level of government is income tax imposed?
Federal and State
What is mean by income tax?
It is what the federal or state government charges you on your income. (the money you earn) It is a percentage of your income. It mean the tax youse has to pay on youse income.
What direct services does the state government provide?
income tax i think
What are the main sources of state revenue?
sales taxesindividual income taxescorporate income taxes
What level of government may income taxes be assessed?
Income taxes may be assessed at both the federal level and the state level. The federal government has the authority to levy income taxes on individuals and corporations across the country, while state governments have the power to impose their own income taxes within their respective jurisdictions.
What is the formula for determining state income tax on a straight percent basis?
The formula for determining state income tax on a straight percent basis is: State Income Tax = Taxable Income × State Tax Rate. Here, the taxable income is the income subject to taxation after deductions and exemptions, and the state tax rate is the percentage set by the state government. This method applies a consistent rate across all taxable income, simplifying the calculation.
List and describe four sources of state government revenue?
US State sources of income can be the following four types: 1. State income taxes; 2. Income from sales taxes; 3. Income from real estate taxes; and 4. Inheritance taxes.
At which level of government may income taxes be assessed?
federal, state, and local
Why does the state government receive all of their money from the federal government?
The state governments do not receive all their money from the Federal government. The majority of their funds come from state income taxes, property taxes and sales taxes.
Is the income tax withheld from each paycheck sent to the state or federal government?
tax
