Gross income is the total income, from all sources, before taxes.
So it's not relevant what your tax rate is, if you earn 50 000 a year, then this is your gross income.
Answer:
A mountain resort begins running chairlifts for mountain bikers and hikers during the summer. The resort was initially built for skiing during the winter months.
Explanation:
Economies of scope -
It is the situation where the marginal cost and the long - run average of a company , economy or organization reduces , because of the production of some complementary services and goods .
It means that the production of one good decreases the cost of another good .
Hence , The example of economic scope is first options .
Answer:
1) Gaza, Ashkelon, Ashdod, Gath, and Ekron
2) Israelites?
3) Sidon, Tyre, and Verity
4) Their commercial and maritime prowess and are recognized as having established harbours, trading posts, and settlements.
5) Their ships sailed to places no one else dared to go.
6) Britain
The federal personal income tax is an example of a progressive tax.
<u>Explanation:</u>
- A progressive tax is defined as the taxable amount increases when the tax rate increases. The term progressive is known as the increase from low to high.
- A person's marginal tax is high when compared to the taxpayer's average tax rate.This progressive tax will tend the people who have a lower ability to pay will pay less and who are the higher ability of pay will pay high.
- To know that clearly, it is the personal income tax. People with lower income will pay less tax and people with higher income will pay high taxes
- Britain Prime Minister William Pitt the Younger was introduced the first modern income tax.
