Social Studies, 15.10.2019 20:50 isabellabetanco

Which of the following statements about taxes is false?
a)taxes are collected at the local, state and federal level
b)some states don’t collect income tax
c)some states don’t collect sales tax.
d)taxes at the local, state and federal level are all equal

Answers: 2

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Answer from: lilquongohard

Taxes at the local, state and federal level are all equal

Further Explanation:

the USA has a separate federal, state and local government with taxes that are imposed at each level. Taxes are levied on property, sales, income, estates, gifts. In 2010 the taxes collected by all the level of government accounts 24.8% of the GDP. Taxes are heavy on the labour income than on capital income. Divergent taxes and subsidies are a form of indirect taxation. Taxes are imposed on the net income of the person. The federal margins or tax rates vary from 10% to 37% of the taxable income. Payroll taxes are imposed by both federal and state government. Property tax are imposed by the local government. Sales tax are imposed by most of the states. US imposes tariffs on imported goods. Estates and gift taxes are applied by federal and some of the state government. Income tax imposed at the federal and state level. A federal wealth tax is required by the US Constitution to distribute it to the states according to the population. The taxpayers fall into seven categories depending on the taxable income-10%, 12%, 20%, 24%, 32%, 35% to 37%. The tax system of the USA is progressive as income rises tax rises.

Learn More:

sadie was prescribed betaxolol ophthalmic drops by her ophthalmologist to treat why were taxes an ongoing source of conflict for the american colonists?

Answer Details:

Grade: High School

Chapter: Taxes in U.S.A.

Subject: Social Science

Keywords:

Levied, property, sales, income, diverging taxes, indirect taxation, progressive.

Answer from: Quest

the answer is

a) revise existing treaties

b) do away with political alliances

c) prevent the spread of communism

d) bring an end to european colonization

the main goal of the southeast asia treaty organization was to prevent the spread of communism in southeast asia.

Answer from: Quest

What’s the

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Which of the following statements about taxes is false?
a)taxes are collected at the local, s...

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