This topic contains a solution. Click here to go to the answer

Author Question: Briana, who is single, has taxable income for the current year of $78,000, resulting in a total tax ... (Read 159 times)

Capo

  • Hero Member
  • *****
  • Posts: 545

Question 1

Arthur pays tax of $5,000 on taxable income of $50,000 while taxpayer Barbara pays tax of $12,000 on $120,000. The tax is a
◦ progressive tax.
◦ proportional tax.
◦ regressive tax.
◦ None of these.

Question 2

Briana, who is single, has taxable income for the current year of $78,000, resulting in a total tax of $15,271. Her total economic income is $98,000.  Briana's average tax rate and effective tax rate are, respectively,
◦ 19.58% and 15.58%.
◦ 25% and 28%.
◦ 19.58% and 25%.
◦ 15.58% and 19.58%.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Capo on Sep 13, 2020

xiaomengxian

  • Sr. Member
  • ****
  • Posts: 311
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 32% of students answer this correctly




Capo

  • Member
  • Posts: 545
Reply 2 on: Sep 13, 2020
YES! Correct, THANKS for helping me on my review


AngeliqueG

  • Member
  • Posts: 343
Reply 3 on: Yesterday
Excellent

 

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

For a complete list of videos, visit our video library