Search: tax

Number of results: 2,765

government(taxes)
Sales Tax Trash tax Electricity tax State income tax Gasoline tax Property tax Federal telephone excise tax Excise tax social security tax environmental tax gift tax real estate tax federal taxes water and power tax
Sunday, August 3, 2008 at 9:39pm by lou

government(taxes)
I am looking for a list of California state taxes. So far this all I have: 1) Sales Tax 2) Trash tax 3) Electricity tax 4) State income tax 5) Gasoline tax 6) Property tax 7) Federal telephone excise tax 8) Excise tax 9) social security tax 10) environmental tax 11) gift tax ...
Sunday, August 3, 2008 at 9:39pm by lou

Tax
Anyone knows what's the tax rate in Minnesota? I don't know the name of the tax, but I meant the tax you got taken away from your check when you work. Income tax? I web site with various tax rates corresponding to different level of income earned would be nice. Thanks ...
Thursday, December 27, 2007 at 5:57pm by Daisy

tax
In which of the following situations would a taxpayer be better off to take the foreign taxes paid as an itemized deduction rather than as a foreign tax credit? A. The foreign tax paid was less than 10% of AGI B. The foreign tax paid was to a South American country C. The ...
Monday, April 2, 2012 at 4:26pm by Andy

debate
1. What are the advantages of our current tax system? What are the disadvantages? 2. What groups are hurt most by a “flat tax?” What groups profit the most? 3. Explain what tax deductions, tax credits, and tax shelters are (look them up if necessary). Why has the ...
Friday, August 24, 2007 at 1:52am by Jason

economic
Do a google search on the concept of a “flat tax.” Explain how this tax scheme works and does it meet the criteria of tax efficiency and tax fairness/equity?
Tuesday, November 18, 2008 at 8:33pm by laila

Economics
What describes a tax that is assessed according to benifits received principle? a.) Thosew who recieve direct payment of the money tha tax generates are the people who pay the tax b.) Those who pay the tax recieve the benifits the tax provides. c.)One group recieves benefits ...
Thursday, April 11, 2013 at 10:56am by Brianna

income tax
In which of the following situations would a taxpayer be better off to take the foreign taxes paid as an itemized deduction rather than as a foreign tax credit? A. The foreign tax paid was less than 10% of AGI B. The foreign tax paid was to a South American country C. The ...
Wednesday, April 4, 2012 at 3:33pm by Andy

math
Find the sales tax rate in your area. Using this tax rate, write a linear equation representing the total with tax for a purchase of x dollars. Use this equation to determine what the pre-tax cost of the item is if the total cost with tax is $10.
Monday, May 31, 2010 at 11:46pm by Heather

%
For x% tax, you divide the "tax-included" amount by 1+x. For $70 with 5.5% tax included, your pre-tax selling price is 70/(1.055)=$66.35. Note: this does not always work to the cent because of rounding.
Wednesday, September 22, 2010 at 6:43pm by MathMate

Economics
A tax imposed on a maket with an inelastic demand and an elastic supply will cause: a)sellers to pay the majority of the tax b)buyers to pay the majority of the tax c)the tax burden to be w
Monday, April 7, 2008 at 9:45am by G

math
Multiply the pre-tax cost by the tax rate to get the tax collected. In the given case, pre-tax cost = $55 tax rate = 0.3% = 0.3/100 = 0.003 Tax collected = $55*0.003 = $0.17
Monday, October 18, 2010 at 5:58pm by MathMate

Economics
A tax imposed on a market with an inelastic demand and an elastic supply with cause: A)sellers to pay the majority of the tax B)buyers to pay the majority of the tax C)the tax burden to be equally devided between buyers and sellers D)the tax burden to be divided, but it cannot...
Monday, April 7, 2008 at 9:48am by G

taxes
Yes, you need to file a 2010 tax form to claim a refund of withheld tax, or an earned income tax credit.
Tuesday, January 11, 2011 at 4:46am by drwls

math
You have made a purchase of $87.00. The state sales tax is 6% and the county tax is 1.25%. The total tax is _____ .
Sunday, February 6, 2011 at 4:41pm by Anonymous

math
Maribel's city imposes a tax that is 40% of the state tax she pays. Her taxable income is $198.50 per week. Her state imposes tax at a rate of 5%. How much state and local tax is withheld from her weekly pay?
Thursday, May 16, 2013 at 7:20pm by shaun

homework
Maribel's city imposes a tax that is 40% of the state tax she pays. Her taxable income is $198.50 per week. Her state imposes tax at a rate of 5%. How much state and local tax is withheld from her weekly pay?
Wednesday, November 3, 2010 at 12:43pm by Anonymous

Accounting Tax
A taxable corporation faces a flat 35% marginal tax rate. What is the tax savings from an additional $100,000 deduction?
Monday, April 20, 2009 at 1:31pm by Jane

consumer math
Maribel's city imposes a tax that is 40% of the state tax she pays. Her taxable income is $198.50 per week. Her state imposes tax at a rate of 5%. How much state and local tax is withheld from her weekly pay?
Monday, June 27, 2011 at 10:41am by kk

tax
I have two questions relating to taxes in 2 U.S. states. 1) Why is there no sales tax in Florida? 2) In Pennsylvania, why are these goods (ex. food, clothing, shoes) charge no tax?
Thursday, July 8, 2010 at 7:45am by AL 92

math please help ms.sue
MegaMart collects a sales tax equal to 1/16 of the retail price of each purchase and sends this money to the state government. a. Is the amount of tax collected proportional to the cost of an item before tax is added? b. Is the amount of tax collected proportional to the cost ...
Sunday, October 21, 2012 at 6:46pm by Cassidy

7th grade Math
MegaMart collects a sales tax equal to 1/16 of the retail price of each purchase and sends this money tp the state government. a. Is the amount of tax collected proportional to the cost of an item before tax is added? b. Is the amount of tax collected proportional to the cost ...
Sunday, October 21, 2012 at 5:45pm by Cassidy

Macroeconomic
1. An example of an automatic stabilizer is A. a temporary tax rebate. B. the progressive income tax.Student Response C. cost of living adjustments to social security payments. 2. Which of the following represent expansionary fiscal policy? A. an increase in average individual...
Tuesday, June 8, 2010 at 4:22pm by Bob

government (TAXES)
It varies from state to state and also with municipality but here are the main ones: Federal income tax State income tax Sales tax (state and local) (State/federal) gasoline tax (State/local) property tax Local utility taxes Estate tax (federal and state) at death, for estates...
Saturday, August 2, 2008 at 6:59pm by drwls

Economics
What happens to the percentage of an income that is taxed when income rises and the tax is a proportional one? A. The percentage of tax falls. B. The percentage of tax rises. C. The percentage rises and then falls. D. The percentage of tax stays the same. I'm guessing the ...
Monday, June 4, 2012 at 9:28pm by Anonymous

Tax
Hamad is an employee of Mountain Company. He properly completed his Form 1040EZ tax return and was required to pay the IRS $1,244 at the time of filing. He had income tax withholding during the year of $4,782. His tax liability for the year was: A. $1,244. B. $3,538. C. $4,782...
Wednesday, February 29, 2012 at 7:37pm by Samantha

math
how do I compute sales tax? $1,367.85. sales tax rate is 5.75%. also, how do I add in city tax?
Sunday, December 9, 2007 at 10:13pm by Diana

Accounting
The marginal tax rate is the additional tax payable for an additional dollar of taxable income. $48,000 taxable income falls in the 25% bracket (taxable incomes between $33,950 and $82,250), therefore the marginal tax rate is 25%. The average tax rate is the tax payable ...
Sunday, December 13, 2009 at 1:44am by MathMate

Economics
A monopolist is in long-run equilibrium and earning economic profits equal $100 million. The government imposes a lump sum tax of $100 million on the monopolist. (A limp sum tax is a tax the monopolist must pay regardless of its level of output) Will this tax: a) cause the ...
Saturday, December 3, 2011 at 9:26pm by Jim

income tax
Hamad is an employee of Mountain Company. He properly completed his Form 1040EZ tax return and was required to pay the IRS $1,244 at the time of filing. He had income tax withholding during the year of $4,782. His tax liability for the year was: A. $1,244. B. $3,538. C. $4,782...
Wednesday, February 29, 2012 at 7:37pm by Andy

Public Finance
Suppose the corporate income tax were eliminated and corporate income allocated to shareholders on a pro rata basis according to their proportion of outstanding stock. How would such a change in tax policy affect the excess burden and incidence of the tax, assuming that all ...
Saturday, January 29, 2011 at 8:55pm by Mel

government(taxes)
in addition to the long list you already have, don't forget: Medicare tax (taken out of Social Security checks) Ttobacco, gasoline and alcohol tax (federal and state), and the value-based tax/fee added to annual CA motor vehicle registration. CA has a sales tax on prepared...
Sunday, August 3, 2008 at 9:39pm by drwls

Computer Science
Design a program that will ask the user to enter the amount of a purchase. The program should the compute the state and county sales tax. Assume the state sales tax is 4 percent and the county sales tax is 2 percent. The program should display the amount of the purchase, the ...
Thursday, May 17, 2012 at 9:28pm by AB

Accounting
pierce co has a june 30 fiscal year end. it estimated its annual property taxes to be 24000 based on last year's property tax bill and have accrued 2000 of property tax each month to marcher 31. its actual property tax assessment, received on april 30 is 25200 for the ...
Wednesday, May 14, 2008 at 2:59pm by Luc

math exam tommrow review
100 percent of the price plus 0.0525 for tax. If that confuses you, multiply 0.0525 times 15.49 to get the tax. Then add the tax to the cost of the cable.
Tuesday, December 18, 2012 at 7:28pm by Ms. Sue

Math
What is the FCIA tax (assuming a 7.05% rate) on a weekly paycheck of $398.00? What is the sales tax of 5% on a purchase of $6.71? What is the property tax of 1.6% on property assessed at $60,000? Please help i am very stuck on these!!!!
Tuesday, January 12, 2010 at 9:39am by Ed

Sales tax
tom paid 695.5 for a tv when 7% sales tax was included in that price what was the price of the tv before the tax and how much sales tax did tom pay? You can set it up this way: 1.07x = 695.5 x = _______ That will tell you the price of the TV. The difference between 695.5 and ...
Friday, April 13, 2007 at 6:12pm by Arkuk

home economics
illustrate each policy in a supply and demand digram of the gun market. a. a tax on gun buyers, b. a tax on gun sellers, c. a price floor in guns , d. a tax on ammunition
Thursday, September 24, 2009 at 7:02pm by melissa

Math
please check my answer thanks :) The sales tax is 7% The purchase including sales tax is $676.24 what was tha total amount of sales tax ? I got $47.34
Tuesday, November 27, 2007 at 10:16am by Alarena

math (sales tax)
Jill bought supplies at a hardware store that cost $41.75. If she paid sales tax of $1.67, what was the sales tax rate?: * 5.5% 5.0% 4.5% 4.0% Please explain, thanks.
Saturday, September 22, 2007 at 10:02am by anonymous

Economics-Tax Question
I know the answer to the following question is either (c) regressive tax augement or (d) the ability-to-pay principal. I am not sure which one? "A $1,000.00 tax paid by a poor person may be a larger sacrifise than a $10,000 tax paid by a wealthy person" is an ...
Tuesday, April 8, 2008 at 1:25pm by G

math
3. The gross income of David Vaughn is $785 per week. His deductions are $42.25, FICA tax; $90.33, income tax; 2% state tax; 1% city tax; and 3% retirement fund. What is her net income for one week? A. $675.32 B. $628.77 [C. $605.32] D. $749.77
Tuesday, January 10, 2012 at 7:37pm by jake

Economics
Suppose that the equilibrium quantity in the market for widgets has been 200 per month. Then a tax of $5 per widget is imposed on widgets. The price paid by buyers increases by $2 and the after-tax price received by sellers falls by $3. The government is able to raise $750 per...
Saturday, November 12, 2011 at 9:37am by Samantha

public finance
A worker lives in a state that has its own income tax. The worker is in the 31 percent federal tax bracket. In addition, he is subject to a 9 percent MTR for his state income tax. Assume that mortgage interest is deductible both on his federal and state income tax, and that ...
Tuesday, January 25, 2011 at 8:23pm by Anonymous

Public Finance
A worker lives in a state that has its own income tax. The worker is in the 31 percent federal tax bracket. In addition, he is subject to a 9 percent MTR for his state income tax. Assume that mortgage interest is deductible both on his federal and state income tax, and that ...
Monday, January 24, 2011 at 8:12pm by Melvin

advanced math
a dog food bowl , a water dish and a bed for olivias dog cost before tax is 5, 10, 5 and 12 dollers. if these purchases have a 5 % sales tax added how much did she spend with tax encluded?
Friday, August 28, 2009 at 7:43pm by jojo

economics
Payroll Tax- You are an economic consultant to a city that just imposed a payroll tax of $1 per hour of work. This payroll tax is paid by workers through a payroll deduction; for each hour of work, the employer deducts $1 and sends the money to the city government. The initial...
Tuesday, November 29, 2011 at 4:38pm by Anonymous

math
zoomer bix plans to but a microcomputer that costs $690, excluding sales tax. if the sales tax rate is 5 1/2% how much tax will zoomer have to pay
Thursday, January 10, 2013 at 12:01am by sabrina

Texas Government
the excise tax on gasoline is an example of a tax based on a benefit received rather than on the ability to pay. a. yes b. no This is obviously Yes since in the book it says >> For many governments the primary source of revenue is taxes, which in turn can take ...
Wednesday, November 23, 2011 at 10:10am by HM

Economics
The Keynesian Multiplier under lump sum taxes A. Smaller than that under proportional tax B. Equal to that under proportional tax C. Larger than that under proportional tax D. Can be larger or smaller depending upon the size of the tax Choose the right answer from A, B, C or D?
Wednesday, March 17, 2010 at 4:47pm by Salman

math
A community is considering increasing the sales tax rate 0.5% to fund a new sports arena. If the tax rate is raised, how much more will you pay in sales tax on $500?
Tuesday, February 26, 2013 at 10:21pm by betsy

Computer Programming Design
Design a program that will ask the user to enter the amount of a purchase. The program should then compute the state and county tax. Assume the state sales tax is 4 percent (.04) and the county tax is 2 percent (.02). The program should display the amount of the purchase, the ...
Saturday, May 2, 2009 at 8:19pm by Dornica

rpost
Laura is selfemployed and expects to make $96,000 her social security tax is 12.4% up to the wage base, medicare is 2.9% and her estimated federal tax rate is 25% what is Lauras expected tax payment for the fourth quarter. would it be $9,672.00
Monday, November 3, 2008 at 11:25am by unknown

math
One of the advantages of borrowing is that interest is deductible for income tax purposes. a. If a company pays 8 percent interest to borrow $500,000, but is in an income tax bracket that requires it to pay 40 percent income tax, what is the actual net-of-tax interest cost ...
Tuesday, June 4, 2013 at 7:42pm by rennie

Finance Accounting
One of the advantages of borrowing is that interest is deductible for income tax purposes. a. If a company pays 8 percent interest to borrow $500,000, but is in an income tax bracket that requires it to pay 40 percent income tax, what is the actual net-of-tax interest cost ...
Tuesday, June 4, 2013 at 9:02pm by rennie

ALGEBRA
FAX machine purchased for 464.40 including tax. Tax rate is 8%. What is original price? Is the answer 427.25? Text book purchased for 158.60 including tax. Tax rate is 9% What is the original price? Is the answer 412.98?
Thursday, August 28, 2008 at 11:05pm by HANNAH

tax question
Are you talking about federal or state withholding? Most states (and IRS) have a progressive tax rate than increases with income about a certain threshhold income level, below which no tax is owed. At $12,800 annual income, I doubt whether you need to withhold any income tax ...
Friday, October 2, 2009 at 7:56am by drwls

math
If i paid 1.25 in sales tax for an item i purchased. the sales tax rate was 5%. What was the price of the item before tax
Tuesday, February 15, 2011 at 7:32pm by Becky

math
a income of 63000.00 his social security tax is 12.4%, medicare is 2.9% and his estimated federal income tax rate is 22%. how much quarterly estimated tax must his send to the irs for the quarter
Saturday, February 6, 2010 at 9:01pm by Anonymous

psychology
Bob Hotchkins is in the 28 percent tax bracket.A tax-exempt employee benefit with a value of 500 would have a tax-equivalent value of: a) $694 b) $528 c) $500 d) $360 IS C CORRECT ANSWER?THANK YOU:)))
Wednesday, March 10, 2010 at 5:41pm by vedrana

business
Most people pay federal income tax by: A. paying the total amount owed by April 15. B. filing quarterly tax payments. C. having amounts withheld from income. D. earning tax credits for various deductions. I chose d. But I am not sure
Wednesday, September 26, 2012 at 1:39pm by clara

accounting
Phil Phoenix is paid monthly. For the month of January of the current year, he earned a total of $8,288. The FICA tax rate for social security is 6.2% and the FICA tax rate for Medicare is 1.45%. The FUTA tax rate is 0.8%, and the SUTA tax rate is 5.4%. Both unemployment taxes...
Sunday, April 28, 2013 at 11:43pm by ann

Finance
Calculate die after-tax cost of debt under each of the following conditions: a. Interest rate of 13%, tax rate of 0% b. Interest rate of 13%, tax rate of 20% c. Interest rate of 13%, tax rate of 35%
Sunday, December 5, 2010 at 4:17pm by Anonymo

consumer math
The Mannings file a tax return showing $125000 in earned income, $3288 from interest income, and they have a tax credit of 1% of their earned income. They claim 5 exemptions of $2500 each, one head of household exemption of $10500, pre-tax medical deductions of $125 weekly, ...
Thursday, August 9, 2012 at 2:41pm by Megan

Economics
The marginal tax rate is defined as the extra taxes paid on additional income divided by the increase in income. Calculate the marginal tax rate for the proportional tax system as income rises from $50,000 to $100,000. Calculate the marginal tax rate as income rises from $100,...
Tuesday, November 14, 2006 at 3:08pm by Sally

I need HELP bad! Macroeconomics!
1) Nominal gains are 220-200 = $20, with a 50% tax rate, tax=$10 Real gains are 220 - (1.05*200) = $10, tax on real gains, if real gains is the base, is $5 2) Nominal gains are 400-200=$200, real gains are 400-1.5*200 = $100. Tax on nominal gains is $100. So after tax real ...
Tuesday, May 20, 2008 at 6:14pm by economyst

MATH
If the sales tax on an item is 7%, the sales tax on an item costing d dollars can be found by the expression .07d. Determine the sales tax on a compact disk that cost $15.99.
Saturday, February 23, 2013 at 2:06pm by TASHA

Math
For a class C corporation in Louisiana, the amount of state income tax S is deductible on the federal return and the amount of federal income tax F is deductible on the state return. With $200,000 taxable income and a 30% federal tax rate, the federal tax is 0.30(200,000 - S...
Wednesday, October 17, 2012 at 8:55pm by Q

math (ugh)
Jermaine had dinner at his favorite restaurant. It the sales tax rate is 4% & the sales tax on the meal was $1.25, what was the total cost of the meal, including sales tax and a 15% tip
Tuesday, January 13, 2009 at 7:09pm by brianna

math
Find the tax on a dinette with a cash price of $200 that has been reduced by 20% if the tax rate is 6.5% The taxable value of the property in the tax area is usually referred to as the ? value. 1. taxable 2. assessed Please help me with these. after these i will be done with ...
Tuesday, January 12, 2010 at 10:06am by Ralph

Math
Tai went to a shopping mall. He spent $25.75 on a chirt, $15.49 on a hat and $9.95 on a poster, before tax. tax was 8.25% on all purchase. What was the total cost of tai's purchases, including tax? How do I do this?
Wednesday, February 25, 2009 at 6:52pm by Chelsea

Government
A progressive tax is a tax whose rate increases as the payers income increases? if individuals who earn high incomes have a greater proportion of their incomes taken to pay the tax? A regressive tax is one whose rate increases as the payers income decreases?
Tuesday, January 8, 2013 at 5:19pm by Ana

Compter programing Design
Design a program that will ask the user to enter the amount of a purchase. The program should the compute the state and county sales tax. Assume the state sales tax is 4 percent and the county sales tax is 2 percent. The program should display the amount of the purchase, the ...
Monday, October 18, 2010 at 3:59pm by BJ

Java Programming
I'm a beginner to Java and I need to know how to do the following: Write a program that will ask the user to enter the amount of a purchase. The program should then compute the state and county sales tax. Assume the state sales tax is 4 percent and the county sales tax is ...
Sunday, October 31, 2010 at 12:20pm by P

income tax
since you are talking about a capital gain, only half is included as part of your income. After that, it would depend on your total income. And that's just the federal tax. There is also provincial tax. Better go online yourself and do some research.
Sunday, January 8, 2012 at 3:44pm by Steve

tax accounting
bruce wilson won 2 million in the state lottery. the lottery pays out the prize money in 20 annual installments of 100,000 each. After receiving three 100,000 installments, bruce sold the remaining 1.7 million of payments for 1 million. He wants to report the 1 million as long...
Thursday, June 9, 2011 at 1:34am by will smithe

math
Sam brought a stereo or a total of $ 676.24 including state saes tax. the state sales tax rate is 7%. what was hte total amout of sales tax on the stero
Tuesday, August 28, 2012 at 12:13am by no name

7th grade math please check ASAP please!
We could go see by the logical way.... tom's tax is 7% cousin's tax is 4% tom's price is higher than cousin's... hmm... who has more tax?
Wednesday, December 5, 2012 at 7:09pm by Knights

math
In Chicago, the tax on a property assessed at $550,000 is $7,700. If tax rates are proportional in this city, how much would the tax be on a property assessed at $920,000? write a proportion to solve the question.
Monday, February 25, 2013 at 9:47pm by kelly

math (sales tax)
How do you convert sales tax .for example 41.75$ 1.67/45.75. They said the sales tax was 4.5. Well how did you get that?
Saturday, September 22, 2007 at 10:02am by Dee

Statistics
A tax specialist knows that tax refunds for people who use a firm to do their tax returns are normally distributed with a mean of $150 and a standard deviation of $43. The specialist believes that the company, Taxco, uses under trained staff and gets a lower average tax refund...
Sunday, December 9, 2012 at 7:46pm by Maria Elizabeth

Economics
I'm trying to research for a paper about why we shouldn't have flat tax rate, and a reason that i'm seeing people putting online, is that a flat tax rate of say, 18% would decrease tax revenue? Can someone explain how? I don't understand how taxes work.
Monday, September 26, 2011 at 9:24pm by Anna

Computer Programming Design
Design a program that will ask the user to enter the amount of a purchase. The program should then compute the state and county sales tax. Assume that state tax rate is 4 percent and the county sales tax rate is 2 percent. The program should display the amount of the purchase...
Saturday, May 2, 2009 at 8:19pm by Anonymous

economics
Assume that the demand for gasoline is inelastic. The government imposes a sales tax on gasoline. The tax revenue is used to fund research into clean fuel alternatives to gasoline, which will improve the air we all breathe. a. Who bears more of the excess burden of this tax: ...
Tuesday, November 18, 2008 at 6:16pm by laila

Finance (after-tax cost)
Assuming a tax rate of 50%, the after-tax cost of a $200,000 dividend payment is? A. $200,000 B. $100,000 C. $-100,000 D. none of the above O.K., given a $200,000 after-tax dividend payment and a 50% tax bracket. That means the company had at least $400,000 or more before ...
Saturday, July 26, 2008 at 4:04am by Jason

Math 0098
A theater group made appearances in two cities. The hotel charge before tax in the second city was $1000 lower than in the first. The tax in the first city was 5.5% , and the tax in the second city was 5%. The total hotel tax paid for the two cities was $501.25 . How much was ...
Thursday, March 7, 2013 at 12:39pm by Anonymous

math
A theater group made appearances in two cities. The hotel charges before tax in the second city were lower than in the first. The tax on the hotel bill was in the first city and in the second. After the trip, the total tax paid on accommodation expenses was . How much was the ...
Saturday, June 26, 2010 at 8:02pm by Grace

algebra
A theater group made appearances in two cities. The hotel charges before tax in the second city were lower than in the first. The tax on the hotel bill was in the first city and in the second. After the trip, the total tax paid on accommodation expenses was . How much was the ...
Wednesday, May 12, 2010 at 9:46am by Anonymous

maths- commercial mathematics(value added tax)
A shopkeeper sells an article at the listed price of Rs.1500 and the rate of value added tax is 12% at every stage of sale. If the shopkeeper pays a Value added tax of Rs. 36 to the Government, what was the price, inclusive of Tax, at which the shopkeeper purchased the article...
Thursday, March 7, 2013 at 3:18am by anoynomous

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