Supporters of the progressive system claim that higher salaries enable affluent people to pay higher taxes and that this is the fairest system because it lessens the tax burden of the poor. ... Taxes do not discourage high earners from earning more, and the low tax rate encourages the poor to strive to earn more.
Answer:
$65,000
Explanation:
According to Regulation Crowdfunding, an individual can invest 10% of their annual income across all crowdfunding offerings in a 12-month period.
Kim's annual income = $900,000
Kim's investing limit on crowdfunding offerings = $900,000
Since Kim haad already invested $25,000 in another offering, she can only invest $65,000 in Beta's crowdfunding (= $90,000 - $25,000).
The answer to this is absolutely none of these
These are the choices I found on the internet:
A. C corporations are generally not subject to corporate income tax.
B. C corporations are separate entities for tax purposes.
C. Shareholders of a C corporation have limited liability.
D. Shareholders of a C corporation are taxed only when the corporation distributes earnings and profits.
The false one would be letter A - C corporations are generally not subject to corporate income tax.
C corporations are subject to tax and may be taxed at a tax rate from 15 to 38 percent.
