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Individual income tax rates are usually this of tax the higher the income the higher the tax rate?
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Are interest rates on long term bonds usually lower or higher than interest rates on short term bonds?
Higher
Why do you think farmers favored the adoption of a graduated income tax?
Probably because a tax on income in which the taxation rates are progressively higher for those with higher income allowed them to pay lower tax rate due to them having less income during the deflation.
Discuss the relative volatility of short- and long-term interest rates?
short- and long-term interest rates usually move in the same direction. Yield curve is often upward, so, long-term interest rates are usually higher than short-term interest rates. short-term interest rates are often more fluctuating than long-term rates.
When the government implements programs such as progressive income tax rates what is likely to occur?
When the government inplement programs such as progressive income tax rates what ocurr.
What happen if congress decreases taxes and increases government spending?
There are many different types of scenarios regarding this. Allot depends on how much of an increase in spending, along with how much of a decrease in tax rates. Generally speaking, lowing taxes helps individuals and companies to retain more of their income. Clearly this income saved is not placed under a mattress. Extra income is often spent by increasing production and thus even at lower tax rates the increase in taxable income rises. This benefits all including government revenues. The problem comes if spending outstrips the extra tax income from the private sector. Then interest rates on government borrowing becomes higher. Adding to a high deficit makes for a certain degree of lost confidence in the way a government handles its finances. On the individual side, a decrease in taxes gives the consumer more income to spend or save. If spending is increased then sales taxes gain income. The spending also keeps companies in business and they are able to hire more people. If the consumer decides to save their extra income, it gives banks more funds to lend to other consumers and to businesses.
Individual income tax rates are usually this type of tax?
Progessive/aplus
Indinvidual income tax rates are usually this type of tax the higher the income the higher the tax rate?
i think its Progressive(Kaylop)
Why are corporate tax rates higher than individual tax rates?
Corporate tax rates tend to be lower than individual tax rates.
What are the state income tax rates for each state?
State Individual Income Tax Rates, 2000-2010Click on the below Related Link
What rates are both corporate and individual income taxes set at?
pogressive
What is the relationship of base to rate structure in individual income tax?
the rate structure for the individual income tax has been progressive, meaning that tax rates graduate upward as the base of taxable income increases. Different tax rates apply to ranges of income, called brackets.
What kind of borrowing rates might a business get compared with an individual?
Borrowing rates a business might get compared with an individual are usually higher. The rate differs long with the risk one is willing to take. To put it more clearly : if you put in more financial risk, you will get in return a higher borrowing rate.
What type of tax brings a higher tax rates the income rises?
progressive
What government agency usually has the lowest rates for income based apartments?
The government housing department will offer the best rates for income based apartments. They will allocate you housing after an income assessment on your ability to pay.
Are interest rates on long term bonds usually lower or higher than interest rates on short term bonds?
Higher
Is students insurance higher than other insurance?
It does not depend on whether or not the individual is a student, but rather what age they are and their past records. Younger people are usually charged higher rates for insurance as they are often regarded as less responsible.
Why do you think farmers favored the adoption of a graduated income tax?
Probably because a tax on income in which the taxation rates are progressively higher for those with higher income allowed them to pay lower tax rate due to them having less income during the deflation.
