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
JulsSmile [24]
4 years ago
15

What type of tax system does the United States use? ​

Business
1 answer:
Basile [38]4 years ago
8 0

Answer: Progressive tax system

Explanation: The progressive tax system is where the income of an individual is taxable based on his or her capacity to pay. The individuals who earn less pay lesser tax as compared to higher-earning individuals.

The tax system doesn’t impose a burden on those who don’t have a sufficient amount to pay as taxes. By doing this the people who earn low income will be able to maintain a high living standard and the people who earn more are able to afford the basic necessities. So it balances the economy.

You might be interested in
The Payroll records of Oregon Mist contained the following information for the month of November: Salaries $ 350,000 FICA Taxes
uysha [10]

Answer: D. debit to Payroll Tax Expense of $26,950.

Explanation:

We should note that the payroll tax expense will consist of the federal unemployment tax, the state unemployment tax and the FICA taxes. This will then be:

= 3500 + 1750 + 21700

= 26950

Therefore, the journal entry to record the monthly Payroll Tax Expense would include debit to Payroll Tax Expense of $26,950.

8 0
3 years ago
Samantha believes in interference theory. What does she MOST likely believe? A. Past information can get in the way of learning
Alex787 [66]

Answer:

A: "Past information can get in the way of learning new things."

7 0
2 years ago
Millcorp sells wetsuits for deep sea divers. It recently engineered a new material for its wetsuits to better hold in the wearer
spin [16.1K]

Answer:

B) Millcorp has a lawful innocent acquisition of a monopoly.

8 0
3 years ago
Read 2 more answers
the common sotkc of Ubees is currently sold at $26.35 per share, and it just a divident of $1.00 last year. The flotation costs
White raven [17]

Answer:

11.06%

Explanation:

Cost of equity = (D1/Current price) + Growth rate

Cost of equity = [(1.00*1.07)/26.35] + 0.07

Cost of equity = 0.04061 + 0.07

Cost of equity = 0.11061

Cost of equity = 11.06%

So, Ubees's cost of internal common equity is 11.06%.

7 0
3 years ago
You are a stringer for your local newspaper, covering local sports events. For a special football spread, you have taken video f
AVprozaik [17]
<h2>DVD or Portable hard disk or Pen drive would be the right choice to share the video files.</h2>

Explanation:

Dear Sir,

I have an eye-catching content for our local news paper. The content is about "Football game event" scheduled today. I have taken photos and videos pertaining to the event and I am sharing it in the form of "hard drive". The best photos and videos which would be apt for the news paper are selected and shared through hard disk. I hope it would be good resource. Kindly accept.

Regards,

(Name)

Evaluating options or pointers:

Photo / video should be neat and not shaky. You can share photos through google drive too if the size is reasonable.

Photos / videos should have been captured in such a way that it attracts readers and project the significant of the event.

Storage options: Listed in the first line.

5 0
3 years ago
Other questions:
  • Land in the Marcellus Shale natural gas play is currently leasing for $10,000 per acre. 100 acres are needed in order to drill f
    9·1 answer
  • Robert steals a truckload of plasma televisions that belong to Karson Electronics Store. He then resells it to Stu-Mart, which i
    13·1 answer
  • The cost of goods sold computations for Alpha Company and Omega Company are shown below. Alpha Company Omega Company Beginning i
    14·1 answer
  • To find the present value of a cash flow expected to be paid or received in the future, you will the future value cash flow by (
    7·1 answer
  • HELP!!!!! Will mark as brainliest!!
    12·2 answers
  • Help me its urgent............
    5·1 answer
  • Your hand:
    9·1 answer
  • Furniture purchase for cash in accounting equation​
    8·1 answer
  • What type of living cost in the u. S. Rose a record 17 percent over the last year, as home prices and construction costs surged
    5·1 answer
  • Which of the following allows portions of copyrighted materials to be used without permission under certain circumstances?
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!