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Who is likely to bear the incidence of a 10 percent tax on cable television?

The incidence of a 10 percent tax on cable television is likely to be borne primarily by the consumers who subscribe to cable television services. The burden may also be partially passed on to cable companies, who could potentially increase prices to offset the tax. Ultimately, the impact depends on the elasticity of demand for cable television and the competitiveness of the market.


Is a rainbow vacuum a medical tax deduction?

No, a rainbow vacuum is not a medical tax deduction.


What is the standard deduction for a child on my tax return?

The standard deduction for a child on your tax return is 1,100 for the 2021 tax year.


Which reduces your tax liability more, a deduction or a credit?

A tax credit reduces your tax liability more than a deduction.


Can I claim rent as a tax deduction on my income tax return?

Yes, you generally cannot claim rent as a tax deduction on your income tax return.


Java code for tax deduction in database connection?

Java code for tax deduction in database connection?


The demand for cable television is relatively elastic, because if the price gets too high, people will rent DVDs or videos instead of watching cable. Who is likely to bear the incidence of a 10 percent tax on cable television?

the producer


You would like to know if cable Television is tax deductible?

if rent and utilities can be deducted when on a temporary job assignment, can the cable bill be deducted as one of the utilities?


What is the standard deduction for children on federal tax returns?

The standard deduction for children on federal tax returns is 1,100 for the 2021 tax year.


Is there a medicare tax deduction?

No


Are cats a tax deduction?

Pets are not tax deductions.


What is the standard deduction for kids and how does it impact their tax liability?

The standard deduction for kids is 1,100 for the 2021 tax year. This deduction reduces the amount of a child's income that is subject to taxation, lowering their overall tax liability.