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NeX [460]
4 years ago
10

What type of tax structure is the “fairest.” What, if any, alternative tax structure would you propose to replace the federal in

come tax?
Business
1 answer:
svp [43]4 years ago
5 0
'Fair' is really subjective, anyone will have their own opionion.

But i think the best way to define fair is if the tax structure give the same amount of weight throughout all economic classes

If i can replace the federal income tax structure, i would just give a straight percentage of amount to all economic classes, without anyway to cut with 'tax deductible tricks', like 20 % of annual income to all classes of economy. I



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The potential benefits a person or business gives up when making an
natulia [17]

The potential benefits a person or business supplies when getting an

economic decision is called the opportunity cost.

<h3>What is an opportunity benefit in economics?</h3>

Opportunity cost is the decision that one takes in order to get something. The benefit is the decision that a person gives in personal or professional life.

If the outcome of the decision is in favor than the opportunity cost is in benefit and if the decision has consequences than the opportunity cost is in loss.

Thus, option C is correct.

For more details about Opportunity cost, click here:

brainly.com/question/20446148

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4 0
2 years ago
What should investors consider when planning for their retirement? Check all that apply. -the amount an employer will match for
kirill115 [55]

Answer:

The amount an employer will match for 401(k), the ideal age to establish a particular retirement plan, the amount an investor is allowed to contribute annually and the tax laws and breaks related to different retirement plans!

Explanation:

3 0
3 years ago
Read 2 more answers
Culver Company has the following securities in its portfolio on December 31, 2017. None of these investments are accounted for u
SIZIF [17.4K]

Answer:

unrealized loss (OCI)            500 debit

trading securities- wallace 5,200 debit

      trading securities gordon                4.200 credit

     trading securities - martin                 1,600 credit

cash                           66,300 debit

loss on investment     6,900 debit

   trading securities - gordon         73,200 credit

--to record sale of gordon securties --

trading securities earnhart corp 53,800 debit

                         cash                                53,800 credit

--to record purchase of earnhart--

unrelized loss(OCI)  7,100  debit

trading securities earnhart corp 3,700 credit

trading securities- wallace        3,400 credit

-- 2018 year-end adjustment--

Explanation:

gordon 77,600 - 73,200 =    (4,100)

wallace 172,900 - 167,700 = 5,200

martin 63,500 - 65,100 =   <u>  (1,600)  </u>

         Total adjustment           (500)

We will declare as other comprehensive incoem the unrealized loss of 500 dollar for the period

At sale date we compare the proceeds and the cost to check for the earning or losses:

1,500 shares x $45 each less 1,200 fees = 66,300

                        gordon shares book value <u>(73,200)</u>

                       loss on investment                 6,900

Earnhart corp:

700 shares x $75 each plus 1,300 fees: 53,800

year-end adjusting 2018

earnhart 50,100 - 53,800 = (3,700)

wallace 61,700 - 65,100 =    (3,400)

martin   167,700 - 167,700 = <u>         0</u>

unrealized loss                    (7,1 00)

3 0
4 years ago
Suppose that during the most recent fiscal year, the an- nual revenue of Acme Computer was 138 billion dollars and its net profi
Drupady [299]

Answer:

a) False

b) True  

c) True

d) False

e) True

Explanation:

A– Acme computer has the largest annual revenue.

B– (x˄y) = If X = Y = 1 then 1; otherwise = 0. Both parts of equation are True, then the proposition is True.

C– (x˅y) = If X = Y = 0 then 0; otherwise = 1. The first part of the equation is False, and the second part is True, then the proposition is True.

D– (x→y) = If X = 1 and Y = 0, then (x→y) = 1. The first part of the equation is False, and the second part is True, then the proposition is False.

E- (x≡y) = If X = 0 and Y = 0, then (x≡y) = 0. Both parts of equation are True, then the proposition is True.

7 0
3 years ago
Your job right now is to finish reading chapter 14. How strongly would you be motivated to do that if you were sweating in a roo
LekaFEV [45]

Answer:

we're is the picture of the questions

8 0
3 years ago
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