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goldfiish [28.3K]
3 years ago
5

What type of tax system does the United States government use to collect income taxes?

Business
2 answers:
olganol [36]3 years ago
7 0

Answer:

The answer Is the Third Option.

Explanation:

Korolek [52]3 years ago
5 0

Answer:

The answer is option 3:

Progressive  

Explanation:

The overall federal tax system is progressive, with total federal tax burdens a larger percentage of income for higher-income households than for lower-income households.

Individual income taxes are an example of progressive tax structure.

Progressive tax are the tax for which the percentage of income paid in taxes increases as income increases.

A tax determined by an individual's income from all sources are called Individual income tax.

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<u>Solution and Explanation:</u>

Age of the     Amount             Estimated                    Estimated

Receivables             Uncollectibles  Uncollectible Amounts    

1-30 days old    $12,000   3%                            $360

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more than 90

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8 0
3 years ago
If you are in a car accident caused by someone else who also has insurance, which type of insurance plan will not require you to
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I believe the correct answer to this is:

“Property Damage Liability”

 

<span>This type of coverage protects the insurer from paying out the pocket fees especially when found at guilt of the damage. Actually this does not cover damage to your own property but only kicks in when you are found to be at fault of the accident.</span>

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We will solve this linear programming problem using Excel -> Solver

Below excel screen prints show approach for the calculation

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