Answer:
False.
Explanation:
A tax bracket is the tax rate applied to specific ranges of income.
For example, a 20% tax rate is applied to income between $500,000 - $700,000.
A tax rate of 23% is applied to income between $800,000 - $1,000,000.
I hope my answer helps you.
The personality that would be the inspiration for the economic theory dominating in the 1920's would be Adam Smith. It would be a century after his death that his renowned economic principle would then be used by the people as the economic state of the United States continues to progress.
<span>If the account was written off during a previous taxable year, income created for the current year (Jane's acceptance of the $17,0) is subject to the tax benefit rule. She must include this amount in her gross income</span>
Answer:
True
Explanation:
A flat economy is also known as a staggering economy. At stagnation, the economy is not growing; neither is it receding. When the economy is flat, the economic indicators are constant.
If the growth is minimal, it is also considered flat. For example, a growth rate of less than 2 percent per year is low. If the economy experiences a consistent low growth rate for a prolonged period, it becomes flat.
