Answer: The federal government occupies the majority of the income tax base, receiving 87 percent of all income taxrevenue in FY 2006. The federal government does not levy a general sales tax, nor does it tax property. Instead, it relies almost entirely on income levies for its collections.
Explanation:
Answer:
If at the time of withdrawal the interest paid was $11,000, the beneficiary would be required to pay income tax on the same amount of $11,000.
Explanation:
The Interest Settlement Option is usually for people who don't need much money or the remedies which the Insurance Cover provides.
Sometimes they defer payment of the proceeds and collect interest on the same whilst they decide on what do do with the money.
When a beneficiary collects this sort of interest it is usually taxable.
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The theory of delegate representation is best illustrated by "my job to present the people who elected me regardless of my point of view".
<h3>Who is a delegate?</h3>
This refers to a assigned person to represent a society, region etc as a representative in a political convention.
Hence, a delegate representation is expected to say that my job to present the people who elected me regardless of my point of view.
Therefore, the Option B is correct.
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Answer:
B. prices would do a better job of coordinating the activities of buyers and sellers than markets could.
Explanation:
In 1776, the Scottish economist and philosopher also known as the father of economics, suggested that price was better left to produce better market results than the intervention of guilds.
He was of the opinion that price control and regulations by guilds were disruptions to market play and would not be as efficient as allowing price be determined by the market(buyers and sellers). Adam was a pioneer of the free market economic theory.
Answer:
Hello, I would say the correct answer is C Medium if I got it wrong just tell me.