If our taxes only go to fake sand or corruption, why do we have to pay taxes?

Q: how is the US income tax system unique?  Do you think it is good for tax payers?

A: The US Income Tax system is a robuts and strong system and the federal income tax is the largest…

Q: The Tax rates for 2018 is wrong can you fix it?

A: Tax rates are the rates on which are used by the taxpayer in order to compute his or her tax amount…

Q: Can you give one example of tax avoidance and what its effect on the tax collection of the country?

A: Tax avoidance is made before calculating actual tax liability.

Q: 2. How to do the personnel income tax and corporate tax cause economic double taxation? How to do…

A: Please find the answer to the above question below:

Q: True or false: After calculating your income taxes, you may find yourself owing to the IRS instead…

A: A tax is a governmental organization's mandatory financial obligation or another form of levy…

Q: Social Security taxes are regressive because :they apply only to rich people.they are applied to…

A: Following is the reason social security taxes are regressive: Because .they are not applied to…

Q: 1. Which of the following is not considered a purpose of taxation? a. To regulate inflation b. To…

A: Hi student Since there are multiple questions, we will answer only first question. Taxes are the…

Q: Property and income taxes are more popular than sales taxes and user charges? True or False

A: Taxes are the fees charged by the government to collect revenue and run the country. The money…

Q: The Tax Code was created to punished people who did not pay taxes.  True  False

A: Tax code is created  for individual and who are in  businesses .In this tax code lots of sections,…

Q: what is mean by Tax evasion and what reasons the people do this?

A: Tax obligation represents the liability of the taxpayer towards the government for the payment of a…

Q: Regarding taxpayers having a tough time of volume of tax regulations. What does the concept…

A: Substance over form: It is an accounting concept, which means that the business must record those…

Q: II. How Sin taxes help the health of the people?

A: II.  Sin tax are imposed on the goods which are harmful for health ( such as alcohol, tobacco etc. )…

Q: No tax talk, please: Why do many people avoid the topics of taxes more than other areas of personal…

A: Personal financial planning is all about your personal finances and how you manage them. Broad…

Q: Is it right to avoid taxes as much as you can?

A: Taxation- The laws and regulations that govern the financial services industry are referred to as…

Q: taxpayer has no obligation to pay more taxes than are legally owed, and a [CPA] has a duty to the…

A: Standards for tax services are the standards that describe the responsibilities that CPA’s have…

Q: What is the difference between tax avoidance and tax evasion?

A: The answer for the theory question on the difference between tax avoidance and tax evasion is…

Q: .Which of the following tax collection systems is tax evasion practices became unlikely to be done?

A: As per our protocol we provide solution to the one question only but you have asked two multiple…

Q: the difference between “tax evasion”, “tax avoidance”, and “tax planning”.

A: The differences for terms tax evasion,tax avoidance and tax planning are shown below

Q: What is meant by two terms, ‘tax evasion’ and ‘tax avoidance’? Give your answer with examples of…

A: The financial position of the company can be arrived from the income statement prepared by the…

Q: As a general principle, are tax evasion and tax avoidance predicate offences for the purpose of a…

A: Before giving answer let me give the meaning of the words and their implication. Tax evasion means a…

Q: Will you be imprisoned for non-payment of tax? Is it absolute?

A: Income Tax- Income tax is a tax levied on a person's or a company's earnings for the previous year.…

Q: Why is the power to tax

A: Taxes are collected for the welfare of the people and the state. All the maintaining costs,…

Q: Taxes result in an excess burden or welfare loss, but government subsidies always result in a…

A:

Q: earnings below a certain threshold are taxed. What is your opinion on the fairness of this tax?

A: social security tax is such type of tax in which a percentage of the gross wages that most of the…

Q: what is Tax Avoidance and Tax Evasion?

A: Tax avoidance refers to the use of legal means to avoid paying tax. Individual taxpayers and…

Q: Is the power to tax, the power to destroy?

A: Taxation is defined as the legal capacity of the sovereignty or the government agents used to impose…

Q: Rich Americans have already paid income tax on the earnings that made them rich in the first place.…

A: Rich Americans are taxed on their wealth as well as their incomes. it should be noted that wealth is…

Q: The government should tax itself? Yes or no

A: A tax is a sum of money that is must be paid to the government in order for it to provide public…

Q: The money you receive back because you have overpaid your taxes is called a tax return. a. true b.…

A: Tax refund is the money which an individual gets back, if he has overpaid his taxes, that is, it is…

Q: Can the effective rate of tax be negative? Why? or Why

A: it is sometimes possible that effective tax may be negative.This is but rare cases but sometimes it…

Q: Do you think

A: these are the following drawbacks of property taxes: Lower incentive to buy a home High property…

Q: We tax net income? What economic distortions would occur if we taxed gross receipts?

A: Gross income is the income to the company or an individual after operating activities or providing…

Q: When taxes are "too high", taxpayers start to cheat on their taxes and dangerous consequences can…

A: Tax:   A tax is a compulsory charge or a levy imposed upon a taxpayer by a government organization…

Q: Marco Polo, How much is the total income not subject to tax?

A: Answer: The part of income that are exempted becomes the part of income which are not subject to…

Q: Why income tax is higher than corporate tax around the world?

A: A direct tax paid by individuals to the government for their income in terms of salaries is termed…

Q: Why are tax havens controversial?

A: Tax haven are part of a country where foreign investors have to pay a very low tax rate for certain…

Q: Taxpayers are having a difficult time due to the large number of tax rules in place. To put it…

A: Introduction:   Substance over form: It is an accounting concept, which says that the company must…

Q: Why is the power to tax is something called something the power destroy

A: The Government run  but it is the people who pay the Taxes and who elect the government to run the…

Q: Why is the power to tax is sometimes called sometimes the power to destroy?

A: Note: “Hi There, Thanks for posting the questions. As per our Q&A guidelines, must be answered…

Q: Why value added tax bad?

A: This tax is considered consumption-based where the tax is implied in each and every stage of…

Q: Do the tax agent need to have a professional scepticism? Or just professional judgement is enough

A: Auditing means the inspection of financial accounts of the company to determine if the records are…

Q: Which of the following is a correct statement? O Tax avoidance includes failure to pay tax on…

A: Tax is the amount which the tax payer pays to the government when the income of an individual goes…