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It is a tax applied on top of an asset that has already been taxed.
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∙ 11y ago
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Why is the gasoline tax a proportional tax?
Because a tax is a tax all you got to do is pay them, get over it.
Marginal Tax Rate Calculator?
Marginal Tax Rate Calculator Knowing your income tax rate can help you calculate your tax liability for unexpected income, retirement planning or investment income. This calculator helps you estimate your average tax rate, your current tax bracket, and your marginal tax rate for the 2010 tax year. Please note that this calculator uses the 2010 preliminary tax tables subject to change by the IRS.
Who would pay the most as a portion of income under a regressive tax?
Under a regressive tax your tax rate goes down as you make more money. (Total Tax Paid) / (Income) = (Percent of income paid). As the tax rate goes down, the more you make the lower this number will be.
What is the sales tax rate of 350 if the sales tax rate of 7 percent?
24.5
Which statement most accurately describes a progressive tax?
The tax rate increases as income increases.
How do you find the HST of something?
The harmonized sales tax varies by province. In Ontario, for example, it is 13% of the sales price, for items that are taxable. It is 15% in Nova Scotia, yet only 5% in Saskatchewan or Manitoba. In Quebec, because there is a provincial tax that is paid on the federal tax (it's a compound tax) it works out to 13.925%.
What are the four taxes that our governments collect?
Sales tax Income tax Property tax Inflation tax Inheritance tax Poll tax Social Security tax Tariff tax Wealth Tax Financial transaction tax Expatriation tax Currency transfer tax Environmental tax Capital gains tax Bank tax
Is table a salt a mixture or a compound?
It is a compound.
How can I calculate the duration of bond with interest income tax?
Coupon Rate:10.50% Yearly Coupon Payment(times):12 Term to Maturity(years):3 Tax rate for interest income:10% Current total value of the bond:65025 What should I do now ? Should ı use compound interest ?
Is artificial sweeteners a compound or mixture?
mixture
Is an ionic compound an example of a chemical compound or is a chemical compound an example of an ionic compound?
An ionic compound is an example of a chemical compound.
Is plastic an element mixture or compound?
plastic is a compound .
Is hydrogen chloride a compound element or mixture?
It is a compound.
Is water a compound or mixture?
Water is a compound
What is the tax for California?
There are all sorts of taxes in California: income tax sales tax property tax cigarette tax liquor tax estate tax gambling tax and hundreds of others.
Is wealth tax a direct tax or indirect tax?
direct tax
Is soap a compound or mixture?
soap is a compound
