# 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

38,278 results
1. ## 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

asked by Sally on November 13, 2006
2. ## economics

Suppose the income tax rate schedule is 0 percent on the first \$10,000; 10 percent on the next \$20,000; 20 percent on the next \$20,000; 30 percent on the next \$20,000; and 40 percent on any income over \$70,000. Family A earns \$28,000 a year and Family B

asked by Margary on June 23, 2009
3. ## 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

asked by Sally on November 14, 2006
4. ## Economics

Suppose that a family's tax liability equaled its income multiplied by one-half minus \$10,000. Under this system, some families would pay taxes to the government, and some families would receive money from the government through a "negative income tax." a.

asked by Sarah on March 11, 2007
5. ## finance

The corporation earns \$3 per share before taxes. once it has paid taxes,it will distribute the rest of its earnings to you as a dividend.The corporate tax rate is 35%,and the personal tax rate on income is 20%. How much is left for you after all taxes are

asked by tiffnay on April 17, 2011
6. ## ECONOMICS

Suppose you are a typical person in the U.S. economy. You pay 4 percent of your income in state income tax and 15.3 percent of your labor earnings in federal payroll taxes (employer and employee shares combined). You also pay federal income taxes as in

asked by Anonymous on April 22, 2010
7. ## accounting

Chuck, a single taxpayer, earns \$84,500 in taxable income and \$23,000 in interest from an investment in City of Heflin bonds. (Use the U.S. tax rate schedule.) Required: If Chuck earns an additional \$56,000 of taxable income, what is his marginal tax rate

asked by Sheta on August 22, 2018
8. ## macroeconomice

Will marginal propensity to spend (d) will be low if, propensity to import (m) is low, marginal propensity to consume (b) is low and tax rate is (t) is low? Take a shot. Do some research, then tell us what you think. hint: think about how each of your

asked by tinky on May 8, 2007
9. ## MicroEconomics

You are a typical person in the US economy. You pay 4 percent of your income in a state income tax and 15.3 percent of your labor earnings in federal payroll taxes (employer and employees share combined) You also pay federal income taxes 15%. How much tax

asked by Diane on November 14, 2006
10. ## 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

asked by Andy on April 2, 2012
11. ## 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%.

asked by ann on April 28, 2013
12. ## Math

Laura takes the following deductions from income when filing her taxes: charity: \$4,000 mortgage interest: \$12,200 property tax: \$4,090 If she paid the estimate found above, how much will her refund be? income tax rate is 28%

asked by Pizza is AWSOME on May 5, 2019
13. ## algebra

In a certain state, people with an income under \$15K pay a minimum income tax plus a % of the amount over \$12,750.00. The table below shows the income, x, and the taxes paid; y for several people. Using a a linear model, what is the additional % people pay

asked by bridgette on January 8, 2010
14. ## Math

When calculating his income tax an accountant realized that his federal tax was 40% of his income after his provincial tax was paid, and that his provincial tax was 25% of his income after his federal tax was paid. If the accountant's income before taxes

asked by Bill on October 12, 2019

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%.

asked by heaven on March 11, 2013
16. ## Economic

Beth is single and lives in New York. Beth earned \$280,000 in 2011. The following table shows the IRS tax rates for a single taxpayer in 2011 On Taxable Income .. Tax Rates up to \$8,500 10% From \$8,500 to \$34,500 15% From \$34,500 to \$83,600 25% From

asked by Anonymous on November 8, 2014
17. ## fundamentals of accounting 1

journalizing payroll transactions, for Keller Systems;Inc, paid cash for april's payroll tax liability. withheld taxes from april payrolls; employee income tax,\$532.00; social security tax,\$634.88; and medicare tax,\$148.48. paid cash for semimonthly

asked by mel on October 14, 2013
18. ## Finance

Could someone show me how to calculate average tax rate. What would be the average tax rate for a person who paid taxes of \$4,864.14 on a taxable income of \$39,870? Can someone help please?

asked by Marie on February 2, 2011
19. ## economics

What is the effective marginal tax rate of a government antipoverty program that guarantees every family a minimum income? Explain. Why might trying several antipoverty benefits to income level lead to an effective marginal tax rate of greater than 100

asked by BB on November 22, 2014
20. ## accounting 1

help with journalizing payroll transactions and filling on the cash payments journal, may 15, paid cash for april's payroll tax liability. withheld taxes from april payrolls; employee income tax,\$532.00; social security tax,\$634.88; and medicare

asked by mel on October 14, 2013
21. ## accounting 1

help with journalizing payroll transactions and filling on the cash payments journal, may 15, paid cash for april's payroll tax liability. withheld taxes from april payrolls; employee income tax,\$532.00; social security tax,\$634.88; and medicare

asked by mel on October 14, 2013
22. ## Economics

The assessed value of Patty's residential property was \$200,000 in 2004. In 2006, the assessed value increased to \$225,000. The property tax rate in both years was 1.2 percent. Patty earned \$60,000 each year. Determine Patty’s property taxes for 2004 by

asked by Kesha on March 16, 2015
23. ## check american government

Why does the Constitution allow the Federal Government to levy taxes?The Constitution restricted the ablility of the Feds to tax and specifically forbids direct taxes like income tax, social security taxes and other payroll deductions. It was changed by

asked by Anonymous on October 26, 2008
24. ## Economics

Some people would prefer a single income tax rate because it? A) would increase the government’s revenue. B) is easier to calculate. C) would reduce the percent of income poorer families pay in income taxes. D)means everyone would pay the same income

asked by Bailey on May 22, 2014
25. ## 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

asked by HM on November 23, 2011
26. ## economics

income total spending \$10,000 \$10,000 20,000 18,000 50,000 35,000 100,000 60,000 If a sales tax of ten percent is levied on all purchases, calculate A. amoust of sales tax paid at each income level and B. the fraction f income paid in taxes at each income

asked by sheela on January 29, 2007
27. ## math check

1.)Jenna earns \$16,250 per year. She pays 6% of her earnings to her pension fund. Her health insurance costs \$81.50 per month and she has \$55 taken from her monthly paycheck for savings. What are her total deductions for the year? =a.)\$2,613 b.)\$1,625

asked by Ariel on September 16, 2010
28. ## Taxtation

Another client, Ms. Dunham, has asked you to help her understand how her tax is computed. You need to provide Ms. Dunham with the following: An example of how to calculate the tax liability using the tax rate table and the tax rate formula for a taxpayer

asked by Micheal on October 15, 2014
29. ## accounting

Complete the work sheet. In completing the worksheet, compute State of Illinois corporate income taxes at 41/2% of pretax income. The state income tax is deductible on the federal tax return, and the federal tax is not deductible on the Illinois return.

asked by bakbone on April 18, 2012
30. ## Acc/Federal Taxxtion

During the current year, Deborah Baronne, a single individual, paid the following amounts: Federal income tax \$10,000 State income tax \$4,000 Real estate taxes on land in France \$1,500 Real estate taxes on land in U.S. \$1,700 State sales taxes \$2,000 State

asked by austin on October 16, 2010
31. ## 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)

asked by lou on August 3, 2008
32. ## Economics

This data given: GDP=\$110; Income earned by citizens abroad=\$5; income foreigners earn here=\$15; loss from depreciation=\$4; indirect business taxes=\$6; business subsidies=\$2; retained earnings=\$5; corporate income taxes=\$6; social insurance

asked by Bryan on June 16, 2007
33. ## 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

asked by will smithe on June 9, 2011
34. ## economics

According to the permanent income hypothesis, households will tend to react to a temporary tax cut by? A) assuming the new tax level will be permanent. B) saving most of the additional disposable income. C) increasing consumption sharply in response to the

asked by Tim on October 3, 2013
35. ## Tax

A corp has domestic taxable income of \$400,000 and foreign-source taxable income of \$200,000. Their U.S. tax on worldwide income is \$204,000. The corp paid foreign income taxes of \$75,000. What is their foreign tax credit on their US income tax return?

asked by Anonymous on March 22, 2016
36. ## Tax

The corp has domestic taxable income of \$400,000 and foreign-source taxable income of \$200,000. Their U.S. tax on worldwide income is \$204,000. The corp paid foreign income taxes of \$65,000. What is their foreign tax credit on their US income tax return?

asked by Anonymous on March 22, 2016
37. ## accounting-income tax

During the current year, Deborah Baronne, a single individual, paid the following amounts: Federal income tax \$10,000 State income tax \$4,000 Real estate taxes on land \$1,400 State sales tax \$2,000

asked by tara on September 1, 2013
38. ## debate

i just need some point or info on pro side: - Taxes gain more money over time - Tax on capital gains at same rate as income tax will benefit the government con side: - When taxes get too high, economy goes into recession - trimming tax cuts are more simple

asked by lauren on November 18, 2012
39. ## personal finance

A. The amount of an employee's income that an employer sends directly to the federal, state, or local tax authority B. Taxes, insurance, and saving plans deducted from a paycheck C. Provides a summary of the payroll information for each pay period D.

asked by smiley on September 4, 2019
40. ## accounts

The differences between the book basis and tax basis of the assets and liabilities of Castle Corporation at the end of 2008 are presented below.  It is estimated that the litigation liability will be settled in 2009. The difference in accounts receivable

asked by accounts on August 25, 2012
41. ## algebra. help!!

United States citizens living in Switzerland must pay taxes on their income to both the United States and to Switzerland. The United States tax is 28% of their taxable income after deducting the tax paid to Switzerland. The tax paid to Switzerland is 42%

asked by sandy on February 14, 2012
42. ## Math

1. For a particular year, a company has gross annual income of \$780,000, annual expenses of \$270,000, and allowed depreciation of \$60,000. The company is located in a state where the first \$200,000 corporate income is tax-free, and any income above that is

asked by Anonymous on December 10, 2016
43. ## Texas Government

According to the text, what is the current combined state and local sales tax rate in Texas? a. Texas has no state tax rate; only local rates apply. b. 2% c. 6.25% d. 8.25% A is the correct answer? Since in the text it says Texans pay only federal income

asked by HM on November 23, 2011
44. ## 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

asked by Bob on June 8, 2010
45. ## Macroeconomic

1)An example of an automatic stabilizer is A. a temporary tax rebate. B. the progressive income tax. C. cost of living adjustments to social security payments. 2)Which of the following represent expansionary fiscal policy? A. an increase in average

asked by Jill on June 9, 2010
46. ## 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

asked by Andy on April 4, 2012
47. ## ACC 233-INCOME TAX

Tax Rates, latesha, a single taxpayer, had the following income and deductions for the year 2009. INCOME Salary \$60,000 Business Income \$25,000 Intrest income(bonds)\$10,000 Tax-exempt bond interes \$ 5,000 ________ TOTAL INCOME \$100,000 DEDUCTIONS: Business

asked by austin on September 30, 2010
48. ## Income Tax - Accounting. Help Me Please.

Tax Rates, latesha, a single taxpayer, had the following income and deductions for the year 2009. INCOME Salary \$60,000 Business Income \$25,000 Intrest income(bonds)\$10,000 Tax-exempt bond interes \$ 5,000 ________ TOTAL INCOME \$100,000 DEDUCTIONS: Business

asked by austin on October 1, 2010
49. ## ACCOUNTING- 2

HELP HERE IS WHOLE PROBLEM.IT NEEDS TO BE JOURNALIZED PROPERLY. mAY 15-fILED THE FEDERAL INCOME TAX RETURN FOR 2009. THE TOTAL TAX FOR THE YEAR WAS 124,000. DURING 2009, QUARTERLY DEPOSITS OF ESTIMATED TAX TOTALING 122,700 ;HAD BEN MADE. THE ADDITIONAL TAX

asked by DOROTHY on June 28, 2011
50. ## Math

Calculate S(17) for the geometric series 256 - 128 + 64 - 32 + ... using the finite geometric sum formula. Round your answer to three decimal places. 170.668 0.004 511.996 168,151.254 Find a(5) for the geometric sequence in which S(6) = 63 and the common

asked by Max on January 9, 2018
51. ## computer science

5. Calculation of tax in Ruritania In a fictitious country of Ruritania, which is in a fictitious continent called Afrisia, the tax system is highly simplified. They have system where all taxes are converted to one single value and then the tax is applied

asked by Bofelo on October 28, 2015
52. ## accounts

On January 1, 2012, the organizers of the Parsons Corporation obtained their charter and issued 10,000 shares of \$1 par common stock for \$4 per share. During 2012, the corporation earned \$30,000 in cash revenue and paid \$20,000 in cash expenses, not

asked by james on February 6, 2015
53. ## Economics

Suppose that the Government runs a pension fund to which all workers must contribute. The employee contribution rate is 6.2 percent on the first \$84,900 of income. All income in excess of \$84,900 is not taxed for pension purposes. What was the effective

asked by Tisha on March 8, 2007
54. ## college accounting

For its fiscal year ending October 31, 2010, Molini Corporation reports the following partial data. Income before income taxes \$540,000 Income tax expense (30% \$390,000) 117,000 Income before extraordinary items 423,000 Extraordinary loss from flood

asked by chris on October 6, 2009
55. ## College Accounting

Recording federal income tax transactions and cash dividend transactions. Selected transactions of Divad Corporation during 2013 follow. Record them in the general journal. Analyze: What annual per share dividend was paid to common stockholders in 2013?

asked by Janice Edwards on June 14, 2013
56. ## Accounting Tax

A taxable corporation faces a flat 35% marginal tax rate. What is the tax savings from an additional \$100,000 deduction?

asked by Jane on April 20, 2009
57. ## Finance for Mgrs

a. Find the marginal tax rate for the following levels of corporate earnings before taxes: \$11,000, \$81,600, \$304,000, \$496,000, \$1,300,000, \$9/3 million, and \$20.4 million b. B. Plot the average tax rates (measured on the y axis) against the pretax income

asked by Shirley on October 25, 2014
58. ## math. need help

United States citizens living in Switzerland must pay taxes on their income to both the United States and to Switzerland. Suppose that the United States tax is 28% of their taxable income after deducting the tax paid to Switzerland. Suppose that the tax

asked by danny on February 14, 2012
59. ## 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

asked by rennie on June 4, 2013
60. ## 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

asked by rennie on June 4, 2013
61. ## finance after tax profit margin

The ABC Corp. had net income before taxes of \$400,000 and sales of \$2,000,000. If it is in the 50% tax bracket its after-tax profit margin is: A. 5% B. 10% C. 20% D. 25% 400,000 take away 50% for taxes leaves 200,000. 200,000 after-taxes divided 2,000,000

asked by Jason on July 25, 2008
62. ## Macroeconomics

1. Consider the economic situation in the U.S since 2008 and discuss how supply side and demand side economic may be used to solve the current problems. Also, explain why you believe that these two approaches may or may not work. 2. Provide a numerical

asked by patricia on December 18, 2012
63. ## macroeconomics

1. Consider the economic situation in the U.S since 2008 and discuss how supply side and demand side economic may be used to solve the current problems. Also, explain why you believe that these two approaches may or may not work. 2. Provide a numerical

asked by patricia on December 18, 2012

1)Which of the following represent expansionary fiscal policy? A. an increase in average individual income tax rates B. an increase in marginal individual income tax rates C. a cut in corporate income tax rates 2)The amount of time that it takes to

asked by Jill on June 9, 2010

1)Which of the following represent expansionary fiscal policy? A. an increase in average individual income tax rates B. an increase in marginal individual income tax rates C. a cut in corporate income tax rates 2)The amount of time that it takes to

asked by Jill on June 9, 2010
66. ## finance

Mary Watson is 24 years old and single, lives in an apartment, and has no dependents. Last year she earned \$45,000 as a sales assistant for Focused Business Analytics: \$3,910 of her wages was withheld for federal income taxes. In addition, she had interest

asked by james on February 6, 2014
67. ## Social Studies

Which of these is not a source of state and local tax revenue? payroll taxes property taxes sales taxes income taxes D?

asked by Anonymous on February 10, 2014
68. ## Social Studies

Which of these is not a source of state and local tax revenue? payroll taxes property taxes sales taxes income taxes D?

asked by Anonymous on February 10, 2014
69. ## 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

asked by Daisy on December 27, 2007
70. ## tax income

Tom and Betsy, who are married filing jointly, reported a standard deduction of \$11,400 on their 2010 tax return. They paid \$500 to the state for income taxes in 2010. In 2011, they received a \$125 refund of state taxes paid in 2010. What is the amount

asked by Billy on March 2, 2012
71. ## Programming C#

Write a program that prompts the user for a name, social security number, hourly pay rate , and the number of hours worked. - Gross pay defined as hourly pay rate time hours worked. - Federal withholding tax, defined 15% of the gross pay. - State

72. ## Corporate tax

11. Molly, Inc. a domestic corporation, owns 15% of PJ. Inc. and 12% of Emma, Inc., both foreign corporations. Molly is paid gross dividends of \$35,000 and \$18,000 from PJ and Emma, respectively. PJ withheld and paid more than \$10,500 in foreign taxes on

asked by Lashay on March 12, 2010
73. ## Fundamentals of Taxation

Tom and Betsy who are married filing jointly, reported a standard deduction of \$11,400 on their 2010 tax return. They paid \$500 to the state for income tax in 2010. In 2011, they received a \$125 refund of state taxes paid in 2010. What is the amount that

asked by Lourane on November 13, 2012
74. ## social studies

americans pay many different types of taxes to federal, state, and local governments. Choose the best example of a tax that we do NOT pay in the U.S.? A.payroll taxes B.value-added taxes C.sales taxes D.income taxes

asked by MUNEKITA on March 24, 2011
75. ## Healthcare Finance

2 A firm that owns the stock of another corporation does not have to pay taxes on the entire amount of dividends received. In general, only 30 percent of the dividends received by one corporation from another are taxable. The reason for this tax law

asked by Sharon on September 13, 2013
76. ## Healthcare Finance

2 A firm that owns the stock of another corporation does not have to pay taxes on the entire amount of dividends received. In general, only 30 percent of the dividends received by one corporation from another are taxable. The reason for this tax law

asked by Sharon on September 13, 2013
77. ## Healthcare Finance

A firm that owns the stock of another corporation does not have to pay taxes on the entire amount of dividends received. In general, only 30 percent of the dividends received by one corporation from another are taxable. The reason for this tax law feature

asked by Chris on May 25, 2013
78. ## Accounting

The income tax rate is 30% on current and is payable in the first quarter of 2014. The pretax income before the preceding adjusting entries is \$6,800. The accounts are; Income tax expense Income tax payable. I do not understand this question and what it is

asked by Larry on February 28, 2016
79. ## finance mortgage payment

your mortgage payment is \$1,500 per month. Of this amount, insurance is %50, property taxes are \$200, and interest averages about \$1,100. Assuming you have other itemized deductions that already exceed your standard deduction and that you are in the 31%

asked by Alli on October 4, 2012
80. ## finance

your mortgage payment is \$1,500 per month. Of this amount, insurance is %50, property taxes are \$200, and interest averages about \$1,100. Assuming you have other itemized deductions that already exceed your standard deduction and that you are in the 31%

asked by Anonymous on October 3, 2012
81. ## Accounting

I have the following items listed on a balance sheet and income statement: Balance Sheet: Cash Accounts Receivable Inventory Prepaid Expenses Equipment Accumulated Deprecation Accounts Payable Income Taxes Payable Dividends Payable Salaries Payable

asked by Tjo05 on November 11, 2010
82. ## math

income 1000 2000 3000 taxes 200 350 450 what percentage of income is paid in taxes at each level?

asked by karen on January 21, 2013
83. ## Economics

VERY HARD PLEASE HELP Kristin lives in Alaska. Ben lives in Rhode Island. They each drive a car with a 12-gallon fuel tank. When Kristin fills her empty gas tank in Alaska, she has to pay a federal gasoline tax of \$.18 (or 18 cents) per gallon, plus a

asked by Kesha on March 16, 2015
84. ## tax income

Tom and Betsy, who are married filing jointly, reported a standard deduction of \$11,400 on their 2010 tax return. They paid \$500 to the state for income taxes in 2010. In 2011, they received a \$125 refund of state taxes paid in 2010. What is the amount

asked by Billy on March 2, 2012
85. ## Maths Income Tax

1) A man with an income of \$7500 and allowance of \$1800, paid \$1824 in tax. What is the rate of taxation? 2) Mr Green earns \$95 per week and has allowances of \$ 2450. Mrs Patel earns \$19400 per annum and has allowances of \$3680. They both pay all their tax

asked by Sami on August 29, 2015
86. ## SS

Which of these is a source of only federal tax revenue payroll taxes? A. Payroll taxes B. Property taxes C. Sales taxes D. Income taxes I think it could be A, I don't really know.

asked by skitty on March 8, 2020
87. ## 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

asked by Anonymous on January 25, 2011
88. ## 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

asked by Melvin on January 24, 2011
89. ## Accounting

Here is another question I am having trouble with, please help!!!! 3. The following totals for the month of March were taken from the payroll registrar of the X company: Salaries (all subject to social security & Medicare taxes \$14,000 Federal income taxes

asked by Angel on December 5, 2006
90. ## LABOUR ECON...TAX QUESTION

k here is the question suppose a government imposed an employment tax. That is upon entering the labour force an, individual had to pay a lump sum tax. (if they don't work, they don't have to pay the tax). How ould this affect the individual's labour

asked by tofu on November 6, 2006
91. ## Math

If someone paid \$59.00 on their taxable income with a state income tax rate of 6%, determine the amount of their taxable income.

asked by dog on February 28, 2016
92. ## math

If someone paid \$59.00 on their taxable income with a state income tax rate of 6%, determine the amount of their taxable income.

asked by Marie on September 26, 2015
93. ## Social Studies 8

1. for the additional green spaces to be considered public services, what must be true? A. The local government uses tax money to create them B. a national business provides funding for some of the spaces C. people who purchased season passes to the spaces

asked by Kaylee on May 17, 2017
94. ## math

if man has to pay income tax at rate of 20% of the excess annual income over rs60000,syamal babu received rs 132000 as his annual income deducting income tax.His actual income is?

asked by neetha on July 31, 2017
95. ## Economics

1) In which of the following situations would someone have to pay a gift tax? A. A relative dies and leaves you \$13,000 in the will. B. Your cousin gives you a car worth \$1,700. C. Your grandmother gives you \$13,000 toward college.

asked by Halima on July 6, 2012
96. ## History Help check my answers

The Citizens of a small city have been eager to see more green space in their environment. There are several abandoned lots that activists think could be turned into community gardens or parks for people to freely enjoy 1.for the additional green spaces to

asked by The Weekend on May 12, 2017
97. ## accounting

Total Assets Total Liabilities Beginning of the year \$550,000 \$215,000 End of the year 844,000 320,000 On the basis of the preceding data and the following additional information for the year, determine the net income (or loss) of each company for the

asked by eddie on November 28, 2015
98. ## Taxes

In the US, we have a progressive tax system, which means higher incomes are taxed at a higher rate. But capital gains are not - they are taxed at a flat rate of 15%. This is an example of an institution, a formal "payment" rule, that affects the "tax

asked by John on February 28, 2012
99. ## Fiance

Sara earned \$2,500 as a life guard over the summer. This was her only job and income taxes were deducted from her paychecks by her employer. For filing a tax return, what should Sara do? a.Sara should not file a tax return. Sara is legally not required to

asked by Jamye on November 23, 2017
100. ## Social studies-Unit 6 :building on Economics Basic

2. What is one source of revenue for the federal government to pay for public goods and services? A - property taxes B- sales taxes C- income taxes D- excise taxes I think it's c ! 3. What is one the things the federal reserve system does? A- set income

asked by Waves wit da hoodie on May 25, 2017