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Dmitriy789 [7]
2 years ago
15

If the united states government lowers the income taxes on the wealthiest americans, while decreasing welfare payments to the po

orest americans, the result will likely be.
Business
1 answer:
Nadya [2.5K]2 years ago
8 0

If the US government reduces the paid by the wealthiest citizens, while decreasing welfare payments to the poorest Americans, the result will likely be <u>efficiency and a loss in equality in the US.
</u>
Income Tax
The word "income tax" refers to a category of tax that governments apply on income produced by organizations and people under their control. Taxpayers are required by law to file an income tax return each year in order to establish their tax liabilities.

Income taxes provide money for governments. They are employed to settle government obligations, finance public services, and satiate the needs of the populace. Along with the federal government, several states and local governments also require payment of income tax.

To learn more about Income Tax

brainly.com/question/26316390

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C i think it is the most flexebel
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4 years ago
At 6.5 percent interest how long does it take to double your money to quadruple it
Oksi-84 [34.3K]

Your money will double in approximately 11 years and quadruple in approximately 22.

Use the Rule of 72 for doubling (72/interest rate= number of years to double) and the Rule of 144 to quadruple (144/interest rate= number of years to quadruple).

4 0
3 years ago
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Which scenario describes a job seeker using an online resource for a job search?
nlexa [21]

Answer:

<em>A job seeker using an online resources for job search shows how </em>

<em>technology and the internet in particular has helped to simplify our everyday life</em>. The use of online resources shows how much the internet has helped to reshape and revolutionize so many sectors of the society. This use of online resources in job search provides a much faster way of reaching and covering a wide range of available jobs within and far beyond your immediate geographical range. Before the internet, job searches were typically done manually, and the process consumed a lot of time and resources and was mostly limited a certain geographical range. Nowadays, someone in the US can easily apply for a job post on the internet all the way in Germany.

6 0
4 years ago
Drew Chow has an annual salary of $110,250. He is married with no dependents. The married exemption for his state is $4,000. He
nalin [4]

Answer: 2.5%

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Drew salary is $110,250 and he gets a married exception of $4,000.

This reduces the taxable income to:

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4 0
3 years ago
For each of the following items, indicate by using the appropriate code letter, how the item should be reported in the statement
Y_Kistochka [10]

Answer:

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2. Declaration and payment of a cash dividend - Cash outflow (financing activity ) (E)

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5. Redemption of bonds for cash - Cash outflow (financing activity)  (E)

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7. Issuance of common stock for cash - Cash inflow (financing activity)  (F)

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