The correct answer of the given statement above would be TRUE. It is true that estimated <span>payments are often used by individuals who are self-employed, have investments, or other income where employer withholding is not offered. Hope this is the answer that you are looking for.</span>
With a marginal tax rate of 34 percent and an average tax rate of 23.7 percent, Paddle lovers & more will owing $ 32824.50 in taxes. if the company generates $138,500 in taxable revenue.
The effective tax rate at which the company pays its portion of the income as taxes is referred to as the average tax. In addition, the marginal rate of tax is the highest slab of tax applied to the firm's final dollar of income. In the example at hand, based on the taxable income, Paddle Fams & More is required to pay the tax as follows:
$ 138500 * 23.7% = $ 32824.50
The marginal tax rate is the amount of tax you pay for every dollar of increased income. In the US, as income rises, so does the individual federal marginal tax rate. This taxation strategy, known as progressive taxation, tries to tax people in accordance with their income, with low-income earners paying less in taxes than high-income earners.
The rate that is applied to the taxpayer's taxable income under a marginal tax rate is often determined by grouping taxpayers into tax bands or ranges. The final dollar of income is taxed at a greater rate than the first dollar as income rises. To put it another way, the first dollar earned will be taxed at the lowest possible rate.
Learn more about marginal tax rate here
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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.
Answer: (A) Labor-intensive technology
Explanation:
The labor- intensive technology is one of the type of process in which an organization or any type of industry require maximum labors for producing the various types of products and the services.
The main objective of the labor-intensive technology is that expanding the business and this type of industry is basically determine by the actual requirement of the capital for producing the maximum goods and the services.
According to the given question, the given production process of the Schlage lock factory is best describe as the labor intensive technology process. Therefore, Option (A) is correct answer.
Answer: Natural rate of unemployment will decrease because the productivity growth in the short term has passed up wage growth.
Explanation:
The natural unemployment rate simply means the lowest unemployment rate where the inflation in the economy is stable.
Based on the information given in the question, if the natural unemployment rate for this time frame.is analyzed, the natural rate of unemployment will reduce due to the fact that the productivity growth in the short term has passed up wage growth.
