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Nady [450]
2 years ago
12

Does the taxable capital gains added to the banker’s income move them to a higher tax rate?

Mathematics
1 answer:
Nina [5.8K]2 years ago
5 0

The taxable capital gains added to the banker’s income move them to a higher tax rate. the statement is true.

<h3>What is income tax?</h3>

Income tax is a tax applied on individuals or entities concerning income or profit earned by them.

Qualified plans provide two tax benefits that are not available in other types of investments.

Tax rates will be higher in the future with the increment of time, but the benefits of the tax-deferred savings plan will overcome higher tax rates over time.

The taxable capital gains added to the banker’s income move them to a higher tax rate. the statement is true.

Learn more about tax;

brainly.com/question/15708726

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rusak2 [61]
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The person pays Social Security 6.2 percent of the first $90,000. Medicare is 1.45 percent of all income. Use the tax tables for
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The function f(x) = 2x + 510 represents the number of calories burned when exercising, where x is the number of hours spent exer
riadik2000 [5.3K]

Answer: 789 calories burned while combining diet with 2 hours of exercise

Step-by-step explanation:

we have that

f(x)=2x+510

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(f+g)(x)=f(x)+g(x)

substitute

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(f+g)(x)=202x+385

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therefore

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789 calories burned while combining diet with 2 hours of exercise

8 0
3 years ago
Solve the equation. 8d – 4d – 6d – 8 = 2d
oee [108]
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7 0
3 years ago
Read 2 more answers
If x is directly proportional to to y and x= 200 and y=3 find x when y=5​
Amiraneli [1.4K]

Answer:

333.33

Step-by-step explanation:

x is directly proportional to y

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now,

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3 0
2 years ago
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