The taxable capital gains added to the banker’s income move them to a higher tax rate. the statement is true.
<h3>What is income tax?</h3>
Income tax is a tax applied on individuals or entities concerning income or profit earned by them.
Qualified plans provide two tax benefits that are not available in other types of investments.
Tax rates will be higher in the future with the increment of time, but the benefits of the tax-deferred savings plan will overcome higher tax rates over time.
The taxable capital gains added to the banker’s income move them to a higher tax rate. the statement is true.
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Step-by-step explanation:
price difference= $45-$36
=$9
now,
x% of $45=$9
or, x/100 ×45 =9
or, x/20 ×9=9
or, x/20=1
therefore, x= 20%
Answer:
Answer: The Truck cannot pass safely under the bridge. Cause it is 13 inches taller than the Maximum height.
The figures on 12 are similar because the data are the same but the shapes are different
Answer:20 cookies
Step-by-step explanation: