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Gennadij [26K]
3 years ago
15

The united states has a regressive tax system. a. True b. False

Business
2 answers:
777dan777 [17]3 years ago
7 0
I think false is the answer 
IRINA_888 [86]3 years ago
4 0

Answer:

The correct answer is option B. False.

Explanation:

The United States has a progressive tax system.

This means that <u>the percentage we must pay to the treasury (tax rate) increases while the amount of a taxable transaction, which includes a tax called VAT, also increases. </u>

That is, in The United States as you make more transactions that include VAT, you will have to pay more to the treasury.

While the regressive tax is quite the opposite, instead of applying a tax to those who have more income as in the previous case, those who have less income will end up paying more.

This does not mean that those who have less income will have a higher tax, but that everyone will receive the same tax equally, so if a person has low income and has to pay the same percentage as a person who has a lot of income, he will end up paying more.

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3 years ago
What is The appearance of text called?
Nezavi [6.7K]

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6 0
2 years ago
Cozy Country Market entered the candle business with a unique product: a line of candles made from soy that produce less smoke a
sergeinik [125]

Answer:

The correct answer is "indirect attack or bypass attack"

Explanation:

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Expanding into the untapped markets and innovating the actual product with technology.

8 0
2 years ago
At the beginning of this month, the balance of clayton's checking account was $337.55. so far this month, he has received a payc
kupik [55]
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5 0
3 years ago
Read 2 more answers
On January​ 1, 2024, Tyson Manufacturing Company purchased a machine for $41,100,000. ​Tyson's management expects to use the mac
denis23 [38]

Answer:

Annual depreciation= $5,865,714.29

Explanation:

Giving the following information:

Purchase price= $41,100,000

Salvage value= $40,000

Useful life in hours= 28,000

<u>To calculate the depreciation expense for 2024, we need to use the following formula:</u>

Annual depreciation= [(original cost - salvage value)/useful life of production in hours]*hours operated

Annual depreciation= [(41,100,000 - 40,000) / 28,000]*4,000

Annual depreciation= $5,865,714.29

7 0
3 years ago
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