Ask Question
BusinessBusiness
12 July, 18:16

What type of tax system does the United States have

+4
Answers (2)
  1. 12 July, 19:26
    0
    The overall system of taxation in the United States is progressive. By a progressive tax system, we mean that the percentage of income an individual pays in taxes tends to increase with increasing income. Not only do those with higher incomes pay more in total taxes, they pay a higher rate of taxes.
  2. 12 July, 20:24
    0
    The overall system of taxation in the United States is progressive.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “What type of tax system does the United States have ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Types of bussines letters
Answers (1)
In an article in the Wall Street Journal , a professor of financial planning noted the effect of rising prices on purchasing power: "Today, $2,000 a month seems reasonable [as an income for a retired person in addition to the person's Social
Answers (1)
Which is an example of a type of folktale
Answers (1)
Over the past two years, Green Caterpillar Garden Supplies Inc. has relied more on the use of short-term debt than on long-term debt financing. This statement is, because: a.
Answers (1)
Stanley purchases nonresidential real property costing $300,000 and places it in service in March 2018. What is Stanley's 2019 depreciation on the property? a. $6,099 b. $7,692 c. $11,538 d. $12,908
Answers (1)
New Questions in Business
Galla Inc. needs to determine a price for a new product. Galla desires a 25% markup on the total cost of the product. Galla expects to sell 5,000 units.
Answers (1)
A table that shows annual compound rates of growth between selected periods of time. a. quality of life c. growth triangle b. real GDP d. standard of living
Answers (1)
In a perpetual inventory system: a. Merchandise Inventory is debited every time inventory is purchased b. cost of Goods Sold is debited every time inventory is sold c. a physical inventory is taken at least annually d. All of the above.
Answers (1)
As you get older: a You should stop investing your money b You should increase your investment spending c You should begin to move your portfolio to less risky investments d You should move all your investments into large-cap stocks
Answers (2)
It is important to identify and use only incremental cash flows in capital investment decisions:A) because they are the simplest to identify. B) only when the stand-alone principle fails to hold.
Answers (1)
Home » Business » What type of tax system does the United States have
Sign Up Forgot Password?