subject
Business, 23.01.2020 22:31 marianasanin2007

For each of the following explain whether the rate structure is progressive, proportional, or regressive:
a. plymouth county imposes a 5% tax on all retail sales in the county. taxpayers with incomes less than $12,000 receive a refund of the tax they pay.
b. the country of zambonia imposes a 10% tax on the taxable income of all individuals.
c. regan county imposes a property tax using the following schedule:
assessed value tax
$ -0- to $10,000 $40
$10,001 to $40,000 $40 + 1% of the value in excess of $10,000
$40,001 to $80,000 $340 + 2% of the value in excess of $40,000
$80,001 and above $1,140 + 3% of the value in excess of $80,000
d. the city of thomasville bases its dog licensing fee on the weight of the dog per the following schedule:
weight (in pounds)tax rate
0 to 40 $2 + 50% of weight
41 to 80 $22 + 40% of weight in excess of 40 lbs.
81 and above $36 + 30% of weight in excess of 80 lbs

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 19:40
Uppose stanley's office supply purchases 50,000 boxes of pens every year. ordering costs are $100 per order and carrying costs are $0.40 per box. moreover, management has determined that the eoq is 5,000 boxes. the vendor now offers a quantity discount of $0.20 per box if the company buys pens in order sizes of 10,000 boxes. determine the before-tax benefit or loss of accepting the quantity discount. (assume the carrying cost remains at $0.40 per box whether or not the discount is taken.)
Answers: 1
question
Business, 22.06.2019 15:20
Garfield corporation is considering building a new plant in canada. it predicts sales at the new plant to be 50,000 units at $5.00/unit. below is a listing of estimated expenses. category total annual expenses % of annual expense that are fixed materials $50,000 10% labor $90,000 20% overhead $40,000 30% marketing/admin $20,000 50% a canadian firm was contracted to sell the product and will receive a commission of 10% of the sales price. no u.s. home office expenses will be allocated to the new facility. the contribution margin ratio for garfield corporation is
Answers: 2
question
Business, 23.06.2019 00:10
Special order carson manufacturing, inc., sells a single product for $36 per unit. at an operating level of 8,000 units, variable costs are $18 per unit and fixed costs $10 per unit. carson has been offered a price of $20 per unit on a special order of 2,000 units by big mart discount stores, which would use its own brand name on the item. if carson accepts the order, material cost will be $3 less per unit than for regular production. however, special stamping equipment costing $4,000 would be needed to process the order; the equipment would then be discarded. assuming that volume remains within the relevant range, prepare an analysis of differential revenue and costs to determine whether carson should accept the special order. use a negative sign with answer to only indicate an income loss from special order; otherwise do not use negative signs with your answers.
Answers: 2
question
Business, 23.06.2019 01:00
Sarah is an accountant with desires to open her own business. she is looking for office space at a reasonable rate along with internet service. of the conditions that need to be put in place for the entrepreneurial ecosystem, she needs
Answers: 1
You know the right answer?
For each of the following explain whether the rate structure is progressive, proportional, or regres...
Questions
question
Mathematics, 20.12.2019 04:31
question
Mathematics, 20.12.2019 04:31
question
Physics, 20.12.2019 04:31
Questions on the website: 13722363