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What is the advantage of tax?

regressive tax encourages earning. this is such that as for the case of progressive tax whereby the more you earn, the more taxes you pay in the case of regressive tax, the more you earn the more you get to keep.


What is the advantage of regressive tax?

regressive tax encourages earning. this is such that as for the case of progressive tax whereby the more you earn, the more taxes you pay in the case of regressive tax, the more you earn the more you get to keep.


When should i use more or most in a sentence?

I think that most people would like to earn more and pay less taxes.


Why would corporations want to achieve zero balances in their checking accounts?

to earn more interest


Why is education important to the government?

Is very important, 'cause the more educated you are, you earn more money and you pay more taxes also the culture of the people is the face of a nation.


What is the alloted amount that a student 17 or younger can earn before they have to file taxes?

Federal $ 5000.00 unless they have more than $800.00 in interest, but if taxes are withheld you may want to file to get a refund. States vary.


Do police officers pay taxes?

Yes, everyone pays taxes. Occupation has nothing to do with taxes except the amount you earn in pay. Taxes, state and federal, are taken out of everyone's pay check each month and once a year all of us fill out a tax form to pay more. Plus, we all pay gas taxes, property taxes, car taxes, and taxes when we buy an item in a store.


Can you explain what your tax bracket means?

Your tax bracket is the percentage of your income that you pay in taxes to the government. It is determined by how much money you earn each year. The higher your income, the higher your tax bracket, and the more taxes you will owe.


How do you compute tax on salary in Afghanistan?

In Afghanistan if your monthly salary is 5000 afs ($100) or less, you don't pay any income taxes. If it's more that 5000 afs you pay 2 percent in tax, if you earn more than 12,500 afs you pay 10 percent in tax, if you earn 100,000 afs, ($ 2000) and more, you pay 20 percent as income tax. But does everyone really pay his taxes?


How much money does a parent-educator earn?

The earnings of a parent-educator can vary widely based on factors such as location, experience, and the specific educational setting. On average, parent-educators might earn between $30,000 to $60,000 per year, although some may earn more in specialized roles or in higher-paying districts. Additionally, those who work in private institutions or offer tutoring services may charge hourly rates, which can significantly impact their overall income.


If a mom is the main custodial parent when joint custody has ended who has the right to file taxes on the 19 year old child?

The parent who qualifies under the IRS guidelines for dependents. One of such being whether or not which parent contributed more then 50% of the financial needs of the alledged dependent.


Is it a parent right to file a child on taxes if the parent pays child support?

That issue is affected by state laws and court orders and separation agreements. You need to find the answer before claiming the child. In some states the working custodial parent has the right to claim the child as a dependent regardless if the non-custodial parent pays child support in recognition that the parent with custody generally spends more time and money on caring for the child.