The federal personal income tax is an example of a progressive tax.
<u>Explanation:</u>
- A progressive tax is defined as the taxable amount increases when the tax rate increases. The term progressive is known as the increase from low to high.
- A person's marginal tax is high when compared to the taxpayer's average tax rate.This progressive tax will tend the people who have a lower ability to pay will pay less and who are the higher ability of pay will pay high.
- To know that clearly, it is the personal income tax. People with lower income will pay less tax and people with higher income will pay high taxes
- Britain Prime Minister William Pitt the Younger was introduced the first modern income tax.
For new england colonies their activites are fishing, lumber and whaling
for middle colonies they depended on agriculture (mostly the production of wheat) shipping and trade
southern colonies trade and agriculture ( mostly tobacco and cotton)
Answer:
1. Take driver’s education.
2. Take and pass the driving test (get my driver’s license).
3. Search for insurance (and be a smart insurance shopper!).
4. Buy auto insurance.
5. Receive valid insurance card from insurance company.
6. Oops! I got into a fender bender.
7. Exchange insurance information with the other driver.
8. File a claim with your insurance company.
9. Allow insurance company to view the damage.
10. Finalize claim with your insurance company
11. Pay deductible.
Explanation:
It's a good idea to have an insurance card before you get into an accident. In my experience, the last step in the process is to pay the deductible to the auto body shop at the point the repair is finished. Typically, they have already been in communication with the insurance company to obtain the rest of the payment.
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In one accident I had, the "finalize claim" step was last, after the insurance company had sued the uninsured motorist for damages. There was an additional settlement after the step where I paid the deductible.
ANSWER:
The state in the United States of America which is located at 150 W longitude is: Alaska.