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Q: Which type of income is paid for the use of land?
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What do land economist do?

A Land Economist is an economist who specializes in research and analysis of land and the associated markets. They often use economic and financial analysis to study the issues associated with land use such as land ownership land value and land use rights. Land Economists also analyze the impacts of land use changes such as urban development and gentrification as well as the effects of governmental regulations on land use. They use their research and analysis to advise stakeholders on land use decisions such as zoning development and land-use policy. Analyzing land ownership and land use rights Researching the impacts of land use changes such as urban development and gentrification Examining the effects of governmental regulations on land use Advising stakeholders on land use decisions such as zoning development and land-use policy


In which type of farming does the farmer pay rent for the use of land and keep the crops profit?

Cash rent or tenant farming.


The price paid for the use of money is?

Interest.


What are a few methods of redistributing income?

The existing US Federal Tax code is the best example of "redistribution of wealth" (after all, it takes the power of government to take the income of one group and redistribute it to another group). The Federal Income tax is "progressive" in that it taxes higher incomes at a higher rate than lower incomes --- by definition this is redistributive. A "Summary of Federal Individual Income Tax Data for the year 2005" (the most recent data available from the Internal Revenue Service reveal that: Top 1% earned 21.20% of all incomes reported, but paid 39.38% of all income taxes. The top 5% earned 37.75% of all incomes, but paid 59.67% of all income taxes. The top 25% earned 67.52% of all incomes, but paid 85.99% of all income taxes. The top 50% earned 87.17% of all incomes, but paid 96.93% of all income taxes. Source: Internal Revenue Service (as reported on www.taxfoundation.org) Essentially half of the country paid the entire federal tax bill for the other half. We have reached a "tipping point" where people paying no income tax have the electoral power to elect a leader who promises to "tax the other guy". This can progress to where we all agree to tax only Bill Gates and Warren Buffet.


What is economic reality test?

The economic Reality Test is a test used by courts to further determine between an employee and an independent contractor. They use this mainly to determine if payroll taxes should have been paid on a person working for a business. If the contractor end up being classified as an employee, the business owes payroll taxes on the money paid to that person. If the person is determined to be an independent contractor, then the person owes income taxes on the money paid to them.

Related questions

I rent land to a farmer and he pays me money for the use of my land. What kind of income is that?

Rental income.


What are some benefits of land?

The main benefits of land investments is to use the land to make money. Usually people build homes on the property and sell the home and property for more than they paid or rent out the homes for perpetual income.


What are some benefits of land investments?

The main benefits of land investments is to use the land to make money. Usually people build homes on the property and sell the home and property for more than they paid or rent out the homes for perpetual income.


What is material gain from land for public use is reported on the income statement as?

rental income


Will a consumer be able to use VAT he has paid as a Federal Income tax deduction?

Not on the IRS federal 1040 income tax form.


How do you do an income statement if all expenses were collected in cash?

Do you mean that all expenses were PAID in cash? If so, you need to figure out how much cash went out (for the Expenses portion of the income statement) . For the cash outflow amount, you have to create a schedule of the vendors you paid and what goods and services you paid for. Use invoices and receipts and bank statements (for online payments you made). Then categorize the payments by type of expense.


What type of land use is there in Malaysia?

big land


Which is not a land use type found in Europe?

There really isn't type of land use not found in Europe. Land use includes arable land, pasture, forests, woodland, and urban areas.


What is the great plains main type of land use?

The Great Plains main type of land use was for growing wheat.


Does Federal Income Tax get deducted from bonuses?

Sure...you can call income from your employer anything you want, (and it doesn't matter if you get paid by say, having the use of a car or house), it is income and taxable.


What type of health care system does the british have?

A national health service paid for out of income tax. It is free to use but medication must be paid for seperately through a prescription charge in England unless you are below a certain income in which case it is reduced or even free depending on the level of the income. Other parts of Britain have no separate charge so it is very unfair depending on where you live.


Is tax and income tax same?

Income tax is a type of tax and refers to what the basis or subject of the tax is - in this case income (both individual or corporate/business). There are many types of taxes paid to many different governments, based on many different things. The most common are sales tax, use tax and property tax.