Why did President Reagan cut taxes en 1981 ?

Q: c. Suppose the government imposes a 25 percent tax on accounting profits. This tax is levied only if…

A: The question is based on the concept of Business Accounting.

Q: What do you think is the reason why governments grants "exclusion from the gross income

A: Possible reasons why government grants exclusions from gross income can be as follows.  1) To…

Q: Which of the following is not true concerning gift taxes? Choose the correct.a. Gift taxes are not…

A:

Q: How can we determine Corporate Taxes?

A: Definition: Corporate taxes are the source of income for the government or the nation which is…

Q: what are the advantages and disadvantages of the payroll tax deferral?

A: Highlights of the payroll tax deferral scheme:- It applies to all those employees whose before tax…

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: how does taxes affect Businesses?

A: Taxes According to Tax laws Taxes means the levy of money which was imposed by the government…

Q: e effect of financial distress and taxation on​ gearing?   A. Both constrain gearing   B. The…

A: Gearing in accounting means how much is the debt against the equity in the capital structure of the…

Q: (A) A decrease in personal income taxes (B) A decrease in government spending (C) An increase in…

A: Aggregate demand can be increased by many ways federal bank takes many initiatives to increase the…

Q: In December 2017, President Trump signed the Tax Cuts and Jobs Act. The Act cut the corporate…

A: The answer is  A. True

Q: What are Corporate Tax Rates? What tax rates do individuals pay on Dividends?

A: Corporate tax is the tax paid to the government by the company on its taxable income of a particular…

Q: James v. U.S. 366 U.S. 213. What court heard this case? In what year was this case decided? What…

A: In the given case, the US Supreme Court decided that illegal funds received by a taxpayer is treated…

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: Explain the main differences between tax evasion and tax avoidance and list the main actions taken…

A: Tax evasion is the use of illegal methods of concealing income or information from the IRS or other…

Q: Suppose a tax reform bill is enacted that causes the corporate tax rate to change from 34% to 36%.…

A:

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: why does the taxes diTfer among rious states in USA?

A: Tax expense: It can be defined as the taxes owed by an individual or an entity to be paid to the…

Q: 1) How can tax on Pfizer's income be negative? Does it mean Pfizer saved that much money or they…

A: Pfizer is a global pharmaceutical company and among the top pharmaceutical companies in the world.…

Q: 1. How can tax on Pfizer's income be negative? Does it mean Pfizer saved that much money or they…

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: 8. What is Capital Gains Tax? What is the current rate?

A: Capital gains tax refers to the government fee implied by the government on the profit made from…

Q: Vat tax - the popularity of this type of tax, the nature of this type of tax and the effect on…

A: Value Added Tax (VAT):  It is a consumption tax placed on manufactured goods, at whatever time value…

Q: Which of the following is not true concerning gift taxes? Gift taxes are not abolished but a…

A: Not for profit organizations: The business entities whose motive of the business is not to reap…

Q: Is the corporate tax schedule progressive? Why or why not?

A: A tax schedule can either regressive or progressive. It depends upon how the scehdule has been…

Q: Why do you think the Tax Reform Act of 1986 affected the desirability of investing in real estate…

A: The question is based on the impact of tax reform on long term investment in real estate.

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: Federal income taxes have a significant effect on businesses and investors, and affect the personal…

A: As in the given case if the situation of individual and corporation has been reached to 37% many of…

Q: Assuming that taxes are to be raised, which tax increase would be least detrimental to long term…

A: Answer:-  Tax meaning:- A tax is compulsory financial charge which is imposed by the government on…

Q: 3. Suppose that the U.S. personal income tax system became a flat tax system, in which all taxpayers…

A: Flat rate Tax System In the flat rate tax system there must be only one tax rate which can be…

Q: How might a reduction in future tax rates affect deferred tax assets in a way that reduces current…

A:

Q: hy are capital gains typically taxed at a lower rate than income? Select an answer: It is…

A: Capital Gain are taxed at lower rate because Government want that people invest more in as more…