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What else can I help you with?
What is sales taxes because of high-income people pay a smaller percentage of their income?
Regressive.
What percentage of people get earned income credit?
40%
What percentage of people do not pay federal income tax?
60% :-)
Most people mail the full amount owed in federal income tax each April?
No. Most people have a percentage of their income withheld for taxes.
What is a tax on people's earnings called?
A tax on people's earnings is commonly referred to as income tax. This tax is typically levied by governments on individuals and businesses based on their income or profits. The rates can vary depending on the income level and jurisdiction, often structured progressively, where higher earners pay a larger percentage.
What type of tax is one that takes a smaller percentage of income from high-income people than from low-income people?
A regressive tax is one that takes a smaller percentage of income from high-income people than from low-income people. In a regressive tax system, as income increases, the percentage of income paid in taxes decreases.
What type of tax is one that takes smaller percentage of income from high income people than low income people?
Regressive
What type of tax is one that take a smaller percentage of income from high-income people than low-income people?
Regressive. (:
What is sales taxes because of high-income people pay a smaller percentage of their income?
Regressive.
What type of tax is one that takes a smaller percentage of income from high income people than from low income people?
Regressive.^_^=
discribe Engel's law of consumption?
playwrights
What type of tax is one that takes a smaller percentage of income people than from low income people?
Regressive tax. E.g. value added tax
Under which tax system do poor people pay a larger proportion of income than wealthier people?
Regressive tax
What percentage of people get earned income credit?
40%
What percentage of people do not pay federal income tax?
60% :-)
What percentage of people pay no income tax?
Nation wide? About 32%.
What percentage of American people pay fed income tax?
42%
