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
dangina [55]
3 years ago
9

Suppose you live in a country with a proportional tax system. You make $20,000 a year and pay $5000 in taxes. Your friend, Naomi

, makes twice as much money as you. What amount can she expect to pay in taxes this year? $2500 $5000 $10,000 $20,000
History
2 answers:
Tasya [4]3 years ago
7 0

Answer:

Naomi can expect to pay $10,000 in taxes this year.

Explanation:

Proportional tax systems charge taxpayers by virtue of what they earn annually. It is an equitable system, since it charges the same percentage to all; but not equal, since each person pays a different amount according to their income range.

As in the example I make $20,000 a year and I pay $5,000 in taxes, the tax burden applied is 25%. Therefore, if my friend Naomi earns twice as much as me, that is, $ 40,000 a year, applying the same tax burden she should pay $10,000 in taxes.

Vinvika [58]3 years ago
4 0
10,000 in taxes, because it’s twice as much pay so twice as much in taxes
You might be interested in
What factors were responsible for the femine between 1931 and 1933​
CaHeK987 [17]

Answer:

Explanation:

The Great Depression of the late 1920s and ’30s remains the longest and most severe economic downturn in modern history. Lasting almost 10 years (from late 1929 until about 1939) and affecting nearly every country in the world, it was marked by steep declines in industrial production and in prices (deflation), mass unemployment, banking panics, and sharp increases in rates of poverty and homelessness. In the United States, where the effects of the depression were generally worst, between 1929 and 1933 industrial production fell nearly 47 percent, gross domestic product (GDP) declined by 30 percent, and unemployment reached more than 20 percent. By comparison, during the Great Recession of 2007–09, the second largest economic downturn in U.S. history, GDP declined by 4.3 percent, and unemployment reached slightly less than 10 percent.

6 0
3 years ago
2.06 labor movements
svet-max [94.6K]
Whats question your asking
5 0
3 years ago
Which of the following is a value alexis de tocqueville saw as essentially American?
mart [117]
The answer is going to be c. Populism
8 0
3 years ago
Read 2 more answers
What is the theme of the story "gift of aeolus"?
creativ13 [48]

Answer:

The theme is  the risk-return relationship. generally, the higher the potential return of an investment, the higher the risk. there is no guarantee that you will actually get a higher return by accepting more risk. diversification enables you to reduce the risk of your portfolio without sacrificing potential returns.

Explanation:

Have a good day!!

5 0
2 years ago
The intellectual and artistic movement that stressed emotions centered on beauty and experience was called the Age of what ?
cricket20 [7]
I believe it is the Romanticism Age
3 0
3 years ago
Read 2 more answers
Other questions:
  • This arm of the indian ocean is tucked between india and Myanmar
    11·1 answer
  • What is another song that discusses surviving and/or thriving in the world? It can be old or new. Add the song name and artist t
    6·1 answer
  • Which of the following characteristics of renaissance humanism is apparent in this painting?
    5·2 answers
  • An example of due process of law as guaranteed by the Fifth Amendment is
    12·2 answers
  • which of thr following movement influenced the idea of natural rights in the declaration of independe
    13·1 answer
  • Lucretia Mott and Elizabeth Cady Stanton organized a national meeting at Seneca Falls in 1848. The primary purpose of
    9·2 answers
  • How did the United States respond to the construction of the Berlin Wall? Select the Two best responses.
    9·1 answer
  • Help asap i need a paragraph about Giuseppe Mazzini
    12·2 answers
  • What is a cause of the red scare
    14·1 answer
  • Plss help will mark brainliest!
    12·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!