1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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.

You might be interested in
A system of accounting for manufacturing operations that produces timely information about inventories and manufacturing costs p
sasho [114]

Answer:

The answer is cost accounting system.

Explanation:

Cost accounting is a tool that allows you to estimate the actual price of the products, which allows you to establish a profit margin for each unit sold. Depending on the activity of the company, several techniques are used such as production costing, process costing, standard costing, absorption costing, etc.

5 0
3 years ago
Could someone help me
Natasha2012 [34]
The answer is A. ^^ hope that helps!
5 0
3 years ago
Trusper Company was organized on January 1, Year 1 and has had 1,000 shares of $200 par value, 10% cumulative preferred stock ou
snow_tiger [21]

Answer:

$50,000

Explanation:

Generally, preferred stockholders receive dividends earlier than common stockholders. Moreover, as the preference shareholders are cumulative, if they do not receive dividends current year, they will receive in the next year. Finally, preferred dividend is fixed until there are new issuance of preferred stock.

Preferred dividends for Year 1 = 1,000 shares × $200 × 10% = $20,000

For year 2 = $20,000

Given, total dividends in year 1 = $15,000

Therefore, company provides $15,000 to preferred dividends. No common dividends in year 1.

However, in the next year (Year 2), the company will pay $5,000 + $20,000 = $25,000 to preferences shareholders.

Therefore, remaining dividends are for common stockholders.

Year 2 common stockholders dividends = $75,000 - $25,000 = $50,000.

8 0
3 years ago
In making single-asset real estate investment decisions, the first pass often involves calculating a series of returns, ratios,
Lostsunrise [7]

Answer:

C. They fail to incorporate cash flows beyond the first year of the analysis.

6 0
3 years ago
The term inflation is used to describe a situation in which
photoshop1234 [79]

Answer:

The correct answer is option b.

Explanation:

Inflation refers to the continuous and sustained growth in the general price level. As the price level rises, it reduces the purchasing power or value of cash balances held by the consumers to reduce. This causes real income to decline.  

A certain level of inflation is desirable in an economy to promote growth but a high rate of inflation is harmful. Inflation can be of several types such as  

  • Demand-pull inflation
  • Cost-push inflation

There are several measures used to calculate inflation, for instance, the consumer price index. To correct inflationary pressures, a government uses contractionary fiscal and monetary policy.

6 0
3 years ago
Other questions:
  • Which line contained in the drainage divide folder best represents a drainage divide?
    9·1 answer
  • Nintendo chose a ___________ approach to pricing for a new game console because they felt the market for this product was price
    10·2 answers
  • What is the main responsibility of the press secretary?
    14·2 answers
  • In order to estimate the average electric usage per month, a sample of 173 houses was selected and the electric usage was determ
    8·1 answer
  • Asset retirement obligations:
    7·1 answer
  • Zachariah is the sole shareholder of an S corporation in Detroit, Michigan. At a time when his stock basis is $10,000, the corpo
    14·1 answer
  • Manufacturing cost data for Orlando Company, which uses a job order cost system, are presented below. Indicate the missing amoun
    7·1 answer
  • What is market price?
    9·1 answer
  • Merle Corporation applies manufacturing overhead to products on the basis of standard machine-hours. For the most recent month,
    5·1 answer
  • Classification shifting by managers leads to under-reporting of total expenses and over-statement of bottom-line net income.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!