Author Question: Taxes that apply to net income or profits with deductions for business costs are ________ taxes. ... (Read 98 times)

itsmyluck

  • Hero Member
  • *****
  • Posts: 546
Taxes that apply to net income or profits with deductions for business costs are ________ taxes.
 
  a. income
  b. excise
  c. progressive
  d. corporate
  e. executive

Question 2

Tax systems that operate by taking proportionately more from the income of affluent people than from lower-income people are called
 
  a. excise.
  b. flat.
  c. income.
  d. progressive.
  e. regressive.



medine

  • Sr. Member
  • ****
  • Posts: 344
Answer to Question 1

ANS: D

Answer to Question 2

ANS: D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

For a complete list of videos, visit our video library