<span>The largest proportion of federal revenues comes from personal income taxes (PIT). It is the </span>tax<span> levied on </span>income of a person and it <span>varies with the respective </span>income<span> or profits (taxable </span>income).
<span>Personal income is the sum of all the incomes received by all the individuals during a given period. PIT is a tax to this income that the individual pays to the State. </span>
A main principle of The Wealth of Nations is supply and demand. What this is about is that the economy or the businesses will find what the people want, and they will produce to the wants and needs of the people. And the companies will charge more because the people want them more.
Answer:
The Indus River Valley Civilization, 3300-1300 BCE, also known as the Harappan Civilization, extended from modern-day northeast Afghanistan to Pakistan and northwest India.
Important innovations of this civilization include standardized weights and measures, seal carving, and metallurgy with copper, bronze, lead, and tin.
Little is understood about the Indus script, and as a result, little is known about the Indus River Valley Civilization’s institutions and systems of governance.
The civilization likely ended due to climate change and migration.