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What else can I help you with?
Can two people get a loan using both incomes?
IF they want to be co-borrowers they can use both incomes to purchase.
Housing subsidized by the federal government for people earning small incomes?
Authorized the federal government to clear slums and to build 810,000 units of low-income housing, or housing subsidized by the federal government for people earning small incomes
Does a cosigner have to have a glowing credit history to cosign on a lease agreement for apartment - if their income is good?
They must have a good credit record. Many people with good incomes don't pay their bills and that makes them poor credit risks.They must have a good credit record. Many people with good incomes don't pay their bills and that makes them poor credit risks.They must have a good credit record. Many people with good incomes don't pay their bills and that makes them poor credit risks.They must have a good credit record. Many people with good incomes don't pay their bills and that makes them poor credit risks.
What is the purpose of income tax brackets?
Income tax brackets are used to determine the amount of tax individuals owe based on their income level. The purpose of these brackets is to ensure that people with higher incomes pay a higher percentage of their income in taxes, while those with lower incomes pay a lower percentage. This helps to create a fair and progressive tax system.
In times of rising prices the purchasing power of money falls affecting which of these?
Due to Inflation prices raises, lowering one's purchasing power. Inflation also decreases the values of pensions, savings, and Treasury notes. Various Assets like real estate and collectibles usually keep up with inflation. Variable interest rates on loans increase during inflation.
Why are Americans taxed in proportion to their incomes?
The ability-to-pay principle of taxation states that people with higher incomes have a greater ability to pay taxes than people with lower incomes.
Why is it that some people pay more then others for Medicare?
Payments increase for beneficiaries who have less than 40 earnings credits, and for some with high incomes.
Can two people get a loan using both incomes?
IF they want to be co-borrowers they can use both incomes to purchase.
What is degreesive tax?
› TAX a type of tax in which people with high incomes pay less tax as a percentage of their income than those people with low incomes:
What is an economic definition of normal good?
Normal goods are any goods for which demand increases when incomes go up, and for which demand decreases when incomes go down. Normal goods tend to be luxury goods. If incomes go up, more people will be yachts. If incomes go down, fewer people will be yachts.
What is an increase in national income is a necessary but not a sufficient condition for a rise in people standard of living' discuss?
YES, this is because the incomes are not use judiciously for social amenities that can benefit the public, (People living in the country) and the is caused by corruption.
Do People with fixed incomes fare best in an inflationary period?
No
Most economists believe that a sales tax increase affects which group the MOST?
Most economists believe that a sales tax increase affects low-income individuals the most. This is because low-income individuals tend to spend a larger percentage of their income on goods subject to sales tax, making the overall tax burden feel heavier for them compared to higher-income individuals.
The majority of old people have incomes below the poverty line as defined by the federal government true or false?
it is false that the majority of old people have incomes below the poverty line as defined by the federal government.
Supply side economics is based on the theory that if taxes are reduced?
... private investment will increase, producing jobs and incomes.
What happens to people on fixed incomes when there is inflation?
His purchasing power goes down
Where people with lower incomes pay a larger portion of their income?
regressive tax
