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consumers will spend more money in the market.

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15y ago

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What is an argument in favor of lowering the levels of personal income tax?

Consumers will spend more money in the free market.


To calculate disposable personal income you take personal income and subtract which of the following?

To calculate disposable personal income, you take personal income and subtract personal taxes. Disposable personal income represents the amount of money individuals have available for spending and saving after accounting for taxes. It reflects the income that can be used for consumption or saved for future use.


Which of the following noncash fringe benefits does not represent taxable income subject to federal income tax withholding?

personal use of government car


How to culculate personal income to disposable income?

Personal Income = Disposable Income + Personal Savings


How did Wilson compensate for the reduce government income resulting from his lowering tariffs?

by creating an income tax


How did Wilson compensate for reduced government government income resulted from his lowering of tariffs?

by creating an income tax


To calculate disposable personal income you take personal income and subtract what?

individual income taxes


What is personal income equal to?

Personal income is equal to the money an individual makes in a year. Personal income is usually derived from jobs or investments.


Would personal income disposable income or discretionary income be of the greatest interest to marketers?

Discretionary income, not personal income or disposable income, would be the greatest interest to marketers.


How much is Washington state income tax?

Washington does NOT have any Personal Income TaxesNo state personal income taxRetirement Income: Not taxed.


What is definition of personal income?

An individual's income.


What was a part of Reagan's plan for pulling the US out of its economic slump?

Lowering income taxes.