Most individual U.S. states collect a state income tax in addition to federal income tax. The two are separate entities. Some local governments also impose an income tax, often based on state income tax calculations. Forty-three states and many localities in the United States may impose an income tax on individuals. Forty-seven states and many localities impose a tax on the income of corporations.[1]
State income tax is imposed at a fixed or graduated rate on taxable income of individuals, corporations, and certain estates and trusts. The rates vary by state. Taxable income conforms closely to federal taxable income in most states, with limited modifications.[2] The states are prohibited from taxing income from federal bonds or other obligations. Most do not tax Social Security benefits or interest income from obligations of that state. Several states require different useful lives and methods be used by businesses in computing the deduction for depreciation. Many states allow a standard deduction or some form of itemized deductions. States allow a variety of tax credits in computing tax.
Each state administers its own tax system. Many states also administer the tax return and collection process for localities within the state that impose income tax.
State income tax is allowed as a deduction in computing federal income tax, subject to limitations for individuals.
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The correct answer is <span>D. religious freedom and financial opportunities</span>
Answer: I think it true
Explanation:
Two methods of evading the draft were available. A man could hire a substitute who would serve in his place, or he could simply pay $300 to get out of the obligation. The lower classes resented this system; resistance and anger were especially fierce in the Northern cities, where large groups of immigrants lived.
If it not look at the explanation and choose the right one and sorry if it not correct
They do, They play a critical part in areas that the government cannot exclusively left to the government, also this allows people in different states to have a say in what goes on in their area, because all states have different laws and regulations.
His performance was very unprofessional, he didn’t make many good points and didn’t really debate, he would always try and speak over Biden which was very childish.
