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Pascal may have used some device or gadget to help do some math but he did not invent any type of calculator you are familiar with.

Since tax calculations are mostly simple arithmetic and table lookups, calculators may help you do some of the math but they won't help solve taxes. Nothing can help solve taxes ;)

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When did pascal build a calculater to help with taxes?

Blaise Pascal built a mechanical calculator, known as the Pascaline, in 1642 to help his father, who was a tax collector, with calculations related to taxes. Pascal's invention aimed to simplify the tedious process of arithmetic involved in tax computations. The device could add and subtract numbers, marking an important development in the history of computing.


Why use a mortgage payment calculator?

Mortgage payment calculators can be a good foundation if you just need to know some of the basics. There are a wide array of costs that can be associated with your mortgage that won't show while you adding up. Choices like home insurance or taxes being included most likely won't show up on a vast majority of calculators, as well as the ever important escrow fees.


What is a mortgage calculator used for?

"Mortgage calculators are typically used to demonstrate the monthly payments a buying party would be required to make, given all the variables that affect the loan amount desired. By inserting different amounts of a potential down payment and rotating the number of months and years that are comfortable to the buyer, and knowing the amount of income necessary to sustain an affordable payment schedule, one can easily determine what the payment will be."


What does it mean the the next annuity payment will be fully taxable?

If this a payment to you from your annuity then the total amount of the payment being made to you is from the interest you made during the growth of the annuity. Since the interest grew tax-deferred you must pay the taxes owed on that portion when it is removed from the product. It seems that the company is using the LIFO method of distribution which is Last In First Out. This means that any interest added to the product will be paid out first in most cases whereas taxes will be do on that money since you have not already paid taxes on this growth.


What is the principle that justifirs a regressive tax?

The principle that justifies a regressive tax is often based on the idea of broadening the tax base while minimizing the burden on higher-income earners. Proponents argue that regressive taxes, such as sales taxes or flat fees, can promote economic activity by allowing individuals to retain more of their income. Additionally, supporters may claim that these taxes are simpler to administer and can generate revenue without complicating the tax system. However, critics point out that they disproportionately affect low-income individuals, raising concerns about equity and fairness.

Related Questions

What did Pascal invent in 1642?

Pascal invented the numerical wheel calculator called the Pascaline to help his father count taxes.


Why did Pascal invent the first calculator in 1645?

Pascal had the idea to invent the calculator while observing and aiding his father's official work as supervisor of taxes at Rouen. He saw what a strenuous and complicated it was to do the math, so he decided to make a device that would simplify the process.


Do any calculators help with taxes?

The Texas Instrument TI86 is a great calculator for doing taxes or any finances.


How can a tax calculator help in the preparation of taxes?

Tax calculators help people figure out how much they will owe in taxes. This is particularly helpful to those who are self-employed, whose income tax is not automatically deducted from their paychecks. Tax calculators help people to plan.


When did pascal build a calculater to help with taxes?

Blaise Pascal built a mechanical calculator, known as the Pascaline, in 1642 to help his father, who was a tax collector, with calculations related to taxes. Pascal's invention aimed to simplify the tedious process of arithmetic involved in tax computations. The device could add and subtract numbers, marking an important development in the history of computing.


Are there any free tax calculators on the internet?

A free tax calculator can be found at turbotax.intuit.com/tax-tools/. This website will help you calculate your taxes including your income tax and other taxes.


Where is it possible to find a payroll tax calculator?

Payroll tax calculators help one determine one's take-home income after taxes have been paid. The calculators can frequently be found on government revenue office websites.


How did Henry VII solve his finances when he became king?

he collected taxes and made a taxes for everything that someone had done.


When did Blaise Pascal invent the wrist watch?

Actually, a German fellow named, Peter Heinlein invented the first portable watch (pocket watch). Blaise Pascal just thought it would be more handy to tie a string around it, and tie it to his wrist. i have searched in many sites, and none say about the exact time he wore a wrist watch. i assume it was during a close time to when the pocket watch was created. even though he did not necessarily invented the wrist watch (he just improved an already made invention) he was the first person reported to wear a watch on his wrist.


Are there income tax calculators online?

Turbo tax is a great site that takes into account the different variables of tax filing and income taxes. I would start there and begin researching as taxes are an important thing to do correctly.


Where online is a free tax calculator?

Turbo Tax online offers the use of free tax calculators to help you calculate the taxes you owe. The following is a link to the free tax calculators available at Turbo Tax, http://turbotax.intuit.com/tax-tools/


Is taxes a intangible assets?

Taxes are never an asset (unless you are the government), you have to pay taxes which is an expense and or liability depending on when you pay them. An intangible asset is something you can't see or touch, like a patent on something you invent