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
Alecsey [184]
3 years ago
7

A state’s taxes are determined by

History
2 answers:
vladimir1956 [14]3 years ago
5 0

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.

hope this helps !

Dvinal [7]3 years ago
4 0

<em><u>The state’s taxes are determined by the State Legislature or the State government.  </u></em>

<em><u /></em>

Further Explanations:

Every State of the United States levies tax on its dwellers apart from the “Federal tax” levied on them. In the United States, even the States are having the authority to levy income tax on its dweller. Three-fourth States are imposing income tax on its dwellers calculated as per the annual earnings of the individual along with his existing asset. The tax collected from the dwellers in is used by the state administration to award the funds allotted for the development of the citizens of the State itself.

Taxes  are the monetary charges imposed upon the taxpayer of the nation by governmental administrations in order to fulfil the resident’s public expenditure. If an individual flops to pay the tax, he can be rebuked as per the regulation. The United States tax system also replicates its federal nature presenting a tax specialization through level of government. Income tax levied at the Federal level, sales tax or consumption tax at State level and property tax at the local administrative level. The taxes may be “Direct or Indirect” depending upon the nature of the burden. Almost every nation has its tax scheme as some compute tax on the present of the t amount earned by individuals in the entire year while some have their own slab of tax calculation.  

 

Learn More

  1. what was the charge of the 1807 indictment by the man who was chosen as vice president on February 17, 1801, by the house of representatives after thirty-six ballots?<u>brainly.com/question/8775340 </u>
  2. How did the American Federation of labor and the knights of labor view membership? <u>brainly.com/question/1593840 </u>
  3. In-state court, a losing party can appeal a case if a jury is unable to make a decision. a judge disagrees with a jury’s decision. a precedent does not exist. a higher court agrees to hear it.?<u>brainly.com/question/2416938 </u>

Answer Details

Grade: High School

Subject: History

Chapter: Tax

Keywords:

tax, monetary charge, taxpayer, governmental, organizations, resident’s, expenditure, direct, indirect, tax system, tax calculation, United Nation, Federal tax, asset,

You might be interested in
What was an effect if the Egyptians carving their writing into the stone if temples and monuments?​
SVETLANKA909090 [29]

Answer:

an effect in the Egyptians carving their writing into the stone on temples and monuments influenced tombstones that are in grave yards now and days.

Explanation:

3 0
3 years ago
Where did Iberville establish the first colony in the Louisiana Territory?
grandymaker [24]

Answer: Detriot

Explanation:

8 0
3 years ago
I need help PLEASE!!!!! I am so desperate!!!
rjkz [21]
I think the first one.
8 0
3 years ago
How did a third party impact the presidential election of 2000?
Illusion [34]
Ralph Nader siphoned votes from Al Gore. In 2016 Jill Stein did the same to Hillary Clinton.
3 0
3 years ago
HELP ASAP DON'T HAVE THAT LONG 60 POINTS
Wittaler [7]

Answer:

Yes.

Explanation:

Yes, slave rebellion leaders were heroes. It began way before the 1800s. The Slave Rebellion was a movement that involved some black slaves at different periods in the United States to eradicate all forms of slavery. I will briefly explain the different stages of revolts.

Before the 1800s in the United States, in the 16th century, the first revolt was recorded. It involved some blacks who conspired to provoke some people who owned plantation farms. Another revolt was also recorded in Virginia.

In 1739, the rise of the largest revolt was recorded and named "Stono Rebellion" in South Carolina. During this revolt, a group of slaves got into a shop and took some arms and ammunition. They executed the owners of the shop and also the white occupants in that area. They set houses ablaze as well. Soon after the group increased to a 100. According to history, the rebels protested on the streets of King’s Highway, asking for their freedom. Most of the black slaves that rebelled were killed by the colonists.

The Rebellion of the 1800s was known as the "Gabriel's Conspiracy". This revolt started with a slave named Gabriel. He conspired to rebel against the colonists to gain freedom. Apart from his physical features, he was a literate as he could read and write. He had prospects as he applied the idea of the French and French and Saint-Domingue revolutions. He also aligned himself with the Jefferson's theory on politics.  On the Posser Plantation, Gabriel conspired with the other slaves to start a protest for freedom at Richmond. The Protest was to involve about 1000 slaves, according to history. However, Gabriel's conspiracy failed as a result of betrayal and was eventually executed alongside the other slaves. Other revolts include the Nat Turner Rebellion of 1831, the German Uprising of 1811, and the New York City Conspiracy in 1741.

Although most of the slaves that revolted did not survive, they are still regarded as heroes because they lost their lives on a journey to fight for freedom.

4 0
3 years ago
Other questions:
  • What facilitated the "islamic green revolution" that increased food production in the islamic world?
    10·1 answer
  • What tax policies did the Han dynasty create to find the government
    8·1 answer
  • What was the most important thing in ww1
    12·1 answer
  • 20) Why did Europeans bring African slaves to the Americas?
    11·1 answer
  • Neeed help thankssss
    13·1 answer
  • What were the problems experienced by most of Rome's common people in the early days of the republic?
    9·2 answers
  • How did the invention of the cotton gin<br> change America's society and economy?
    14·1 answer
  • A group of citizens are very concerned with a bill currently proposed in the legislature. Which of the following would be most e
    11·2 answers
  • Why did Gandhi call for boycotts on British goods?
    7·2 answers
  • Which event was a consequence of the enlightenment? (A.pex)
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!