The amount of net investment income tax that the taxpayer is required to pay is $231.
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<h3>What is
net investment income tax?</h3>
Net Investment Income Tax are generally imposed by the Internal Revenue on entities' net investment income.
Net investment income tax = ($6,150 - $75) * 3.8%
Net investment income tax = $6,050 * 3.8%
Net investment income tax = $231
In conclusion, the amount of net investment income tax that the taxpayer is required to pay is $231.
Read more about income tax
<em>brainly.com/question/25257355</em>
The government began to print more money. The increase in the ‘money supply’ which happens faster than the economic growth leads to inflation. When the government prints more money then it brings down the value of the money in the market.
Answer:
Department of the Treasury
Explanation:
The function of the Department of the Treasury is to conserve a firm economy and also to create various job opportunities by accelerating the various conditions that enable the growth of the economy.
The Treasury also play an important role in intensifying national security by tackling a variety of threats and protecting the integrity of the financial system. It also plays a role in handling the U.S. Government’s finances and resources effectively. The United States president also receives tax policy advice from economists in Treasury Department.
