Is federal income tax a direct or indirect tax? Explain your response.

Answers

Answer 1
It is a direct tax on income. For salaried and wage employees, it is deducted from pay and paid to the government at the time salaries or wages are earned.
Answer 2
Give us context. If you are reading a tax protester book that says the government can only do direct and indirect taxes and therefore income isn't taxable, you need to get another book. 

There are income taxes. 
There are direct taxes on property you own. 
There are indirect taxes on property you buy. 
(If you have to classify the income tax, you'd call in indirect.) 

All of these are LEGAL

I hope my answer has come to your help. Have a nice day ahead and may God bless you always!

Related Questions

Equilibrium can only occur at


one price.

two prices.

three prices.

four prices.

Answers

Of course equilibrium can only occur at One price.

How did the completion of the Transcontinental Railroad affect companies that made products?

A-Companies could hire people who worked in different states.
B-Companies could build factories in the rural West.
C-Companies could expand into the South.
D-Companies could ship goods cheaply over long distances.

Answers

The Transcontinental Railroad affected companies that made products because companies could ship goods cheaply over long distances.

Answer:

D) Companies could ship goods cheaply over long distances.

Explanation:

Yvette is considering taking out a loan with a principal of $16,200 from one of two banks. Bank F charges an interest rate of 5.7%, compounded monthly, and requires that the loan be paid off in eight years. Bank G charges an interest rate of 6.2%, compounded monthly, and requires that the loan be paid off in seven years. How would you recommend that Yvette choose her loan?

Answers

a.Bank F offers a better loan in every regard, so Yvette should choose it over Bank G’s.
b.Yvette should choose Bank F’s loan if she cares more about lower monthly payments, and she should choose Bank G’s loan if she cares more about the lowest lifetime cost.
c.Yvette should choose Bank G’s loan if she cares more about lower monthly payments, and she should choose Bank F’s loan if she cares more about the lowest lifetime cost.
d.Bank G offers a better loan in every regard, so Yvette should choose it over Bank F’s.

The answer is B

Answer:

Your answer is vette should choose Bank F’s loan if she cares more about lower monthly payments, and she should choose Bank G’s loan if she cares more about the lowest lifetime cost.


Why should you always finish reading difficult content?



a. Difficult content is usually covered on the test
b. The content may become more clear as the concept builds upon itself
c. Difficult content usually contains important vocabulary words
d. None of these



Please select the best answer from the choices provided




A

B

C

D

Answers

the answer to the question is b

You should you always finish reading difficult content because the content may become more clear as concept builds upon itself .

What is Contents?

Contents contains information about an idea or happening that is written by a writer. It gives insight to the idea and help the reader understand what the idea is communicating.

Therefore, the content may become more clear as the concept builds upon itself.

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A company bought a piece of land. It can use this resource to build a factory or to plant crops. The company can also hold onto the land and try to resell it later for more money. The company decides to build a factory on the land. Any value given up from not choosing the other options is the _____.

Answers

they can make lots of money from that lanf

The value given up from not choosing other options when a company decides to build a factory on a piece of land is called the opportunity cost.

When a company decides to build a factory on a piece of land instead of using it for other potential purposes like planting crops or reselling it for a higher price, any value that is not realized from those forgone alternatives is known as the opportunity cost. This concept reflects the benefits a company misses out on when choosing one option over others. Since land has several possible uses, the opportunity cost is a vital consideration in business decisions. For example, the opportunity cost of using the land to build a factory is the forgone profit from planting crops or the increased resale value if the land is held and sold later.

Which is a certificate of debt issued by corporations and governments?
1. Stock
2. Bond
3. Annuity

Answers

For Plato users the answer is B.  bond

How do you use study tools differently at the of the semester?

Answers

At the beginning of every week in a semester, I usually contemplate and organize what will be my goal or what I want to attain at the end of the semester. In this way, I can try out different study tools that may work for me. Every class has different approach and topics, so there would be a variety of ways to make it easier to comprehend and learn. Examples of the study tools I use are flashcards, or I create my own tests. Hope this answer helps.

What is the most important thing about meeting new contacts

Answers

I think A. Because I think it is very important to meet new people and getting to know them.

Just took exam the answer is FORMING RELATIONSHIPS

Steve manages people who take various raw materials and pre-made assemblies and puts them together in a unique product that is sold to retail stores. Steve is involved in?
service creation.
goods creation.
plant management.
manufacturing management.
operations management.

Answers

based on the scenario, i think steve is involved in :
- Goods creation

It would be very likely that steve is the labor worker that directly involved in the production process

hope this helps

Steve is involved in manufacturing management, where he oversees the production process of transforming materials into finished goods for retail. His role is aligned with operations management, ensuring effective planning and execution of product creation.

Steve is involved in manufacturing management. He manages the process that transforms various raw materials and pre-made assemblies into a unique product that is subsequently sold to retail stores. This involves tasks similar to those of managing an automobile assembly plant, where decisions are made about the type of goods to be produced, like choosing between cars or sport utility vehicles (SUVs). The process of production includes acquiring raw materials, processing them, and then combining them in an assembly to create a finished good, which is part of operations at a manufacturing facility.

Moreover, production tasks involve creating a new building, just as Steve's role entails taking raw materials to create a new product. This is distinct from service creation, inventory management, or plant management in a broader sense. Steve's role clerly aligns with operations management, focusing on the effective planning, organizing, leading, and managing of the production process.

The finance function of business includes what types of activities?

Answers

It includes all activities that involve money. 

Choosing sales and transfer pricing, making capital investment decisions. preparing financial data, such as financial statements, for users outside the company in order to improve sound corporate governance. establishing and maintaining monetary budgets.

The finance function of a firm consists of raising short-, medium-, and long-term capital.

What does a business's financial function entail?

The business finance function is responsible for managing the company's finances, the process of getting cash for the company, and the management of how much risk the company should take in order to return a sufficient sum of money to the owner(s).

Owners and managers of small businesses should still have a fundamental understanding of business finance, even if they outsource some of their financial processes.

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According to the following situation below, who has the comparative advantage in producing coffee?
Costa Rica can produce rice, coffee, soybeans, and chocolate. However, because of the climate and land of Costa Rica, coffee is much cheaper and faster to produce. Vietnam can produce rice, coffee, soybeans, and chocolate as well. However, because of the climate and land of Vietnam, rice is much cheaper and faster to produce. Brazil can produce rice, coffee, soybeans, and chocolate as well. However, because of the climate of Brazil, chocolate is much cheaper and faster to produce. The United States can produce rice, coffee, soybeans, and chocolate as well. However, because of the climate of the United States, soybeans are much cheaper and faster to produce.

A. Brazil
B. Vietnam
C. Costa Rica
D. the United States

Answers

It's C)Costa Rica. It says "because of the climate and land of Costa Rica, coffee is much cheaper and faster to produce."

Answer:

Costa Rica is the correct answer.

Explanation:

The passage explains the different products that are grown in four different countries: Brazil, Vietnam, Costa Rica, and the United States. In this case, we can see that Costa Rica is the correct answer in the following words: "However, because of the climate and land of Costa Rica, coffee is much cheaper and faster to produce." This means that the lower costs provide and advantage in producing coffee.

Which of the following best describes a liability? a. anything of value owned by the business. b. something that a business owes. c. listed on the lift - hand side of a balance sheet. d. always equal to an asset

Answers

B/ something that a business owes
The correct answer of the given question would be option B. The statement that best describes a liability would be something that a business owes. A liability is considered an obligation and is listed on a company's balance sheet. This is part of the accounts payable. Hope this is the answer that you are looking for. 

Match the type of market structure with each example.

A.Pure competition
B.Near monopoly
C.Monopolistic competition
D.Oligopoly


Computer operating systems
Fast food restaurants
Online auctioning
Car makers

Answers

Final answer:

Pure competition is best represented by online auctioning, near monopoly by computer operating systems, monopolistic competition by fast food restaurants, and oligopoly by car makers.

Explanation:

The best way to match the type of market structure with each example is:

Pure competition would typically apply to online auctioning. Here, there are many sellers who have similar products. Buyers have many choices and can find competitive prices.Near monopoly closely matches computer operating systems. There are very few players in this market, with one (like Microsoft's Windows) often dominating. Monopolistic competition can be associated with fast food restaurants. In this scenario, many organizations operate in the market offering similar but not identical products. Last but not least, oligopoly describes the situation of car makers. There are few companies and they dominate the market. Their products vary and they strategically react to each other's marketing decisions.

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Market structures can be matched to examples as follows: pure competition with online auctioning, near monopoly with computer operating systems, monopolistic competition with fast food restaurants, and oligopoly with car makers.

Pure competition: This structure is characterized by many firms producing homogeneous products. An example would be Online auctioning, such as eBay, where numerous sellers and buyers engage in transactions for similar products.Near monopoly: A market structure with a single or dominant firm. An example is Computer operating systems, where Microsoft Windows dominates the market.Monopolistic competition: This involves many firms offering differentiated products. Fast food restaurants are a good example since each chain offers unique menus but competes in the same market.Oligopoly: A market structure powered by a less big firms. Car makers like Ford, Toyota, and General Motors exemplify this since a few companies dominate the automotive industry.

Understanding these market structures is crucial to analyzing market behavior and competition.

How is email a useful component of online banking?
I. Email alerts can be used to warn you before you overdraw your account.
II. You can have your bank statements emailed to you, getting them to you faster.
III. Only emailed bank statements can be used to support electronically-filed tax returns.

Answers

The answer is C. l and ll only


Assume the market for spiral bound notebooks is in equilibrium. All students in public schools need notebooks of some type when they attend classes. For each of the following, explain the possible effects on demand and/or supply and equilibrium price and quantity of spiral bound notebooks using a correctly labeled supply and demand graph with equilibrium price and quantity labeled. Under your hand-drawn graph, list the determinant of supply and/or demand that causes each shift as well as the change in price and quantity.
a) The price of natural gas, a resource used by manufacturers throughout the United States, doubles.
b) The government provides a subsidy for notebook manufacturers.
c) Your income increases and spiral bound notebooks are an inferior good.

Answers

 a) If energy prices go up, manufacturing costs go up, which ultimately increases the price of the notebook. This will also most likely lead to a decrease in quantity, as the manufacturing cost per unit is higher. This is a supply determinant. 

b) In theory, the subsidy reduces the cost per unit to the manufacturer, which increases supply and often reduces price, again being a supply-side determinant. In reality, it creates an incentive for notebook manufacturers to keep doing what they are doing, disincentivizing cost-saving developments and alternatives. Why innovate when you can get free government cheese? 
Anyway, supply determinant. 

c) The price of an inferior good increasing tends to push some demand for superior goods, especially when the income to cost of good ratio remains the same for the inferior good but gets better for the superior one. Demand determinant. 

Final answer:

Changes in natural gas prices, government subsidies, and changes in income with regard to inferior goods can affect the supply and demand for spiral bound notebooks, resulting in different equilibrium price and quantities.

Explanation:

When investigating how specific events affect the equilibrium price and quantity in the market for spiral bound notebooks, we must consider changes in either demand or supply.

a) If the price of natural gas doubles, it will lead to an increase in production costs for manufacturers of spiral bound notebooks, which in turn can cause the supply curve to shift leftward. This shift indicates a decrease in supply, leading to a higher equilibrium price and a lower equilibrium quantity, assuming demand remains constant.

b) If the government provides a subsidy for notebook manufacturers, their cost of production decreases. This can result in a rightward shift in the supply curve, indicating an increase in supply. The effect would be a decrease in the equilibrium price and an increase in the equilibrium quantity.

c) When your income increases and spiral bound notebooks are considered an inferior good, typical consumer behavior shows that you will buy fewer notebooks as you can now afford to purchase superior goods. This will shift the demand curve for spiral bound notebooks to the left, indicating a decrease in demand, leading to a lower equilibrium price and quantity.


In a market economy, prices are established by


A)
consumers and labor unions.

B)
decree of government agencies.

C)
the interaction of supply and demand.

D)
businesses which buy and sell the products.

Answers

I'm gonna say A.Because during a Market Economy only the citizens/buyers have any say and labor unions always support working citizens.
In a market economy, prices are established by C. the interaction of supply and demand.
According to how much people buy a product, and how much of that product there is, prices are going to be established accordingly. 

The safest action to take if someone claiming to be from your bank calls you to ask for account information is to?

Answers

Give them your info. Because the only people who claim to be from your bank are from your bank
Give them your info. Because the only people who claim to be from your bank are from your bank

What is the discount rate for an $80 music player that is on sale for $68?
a. 12%
b. 15%
c. 68%
d. 85%

Answers

B. 15% Discount! 

Discount in price = 80-68 = $12
Discount rate = 12/80*100%= 15%

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1. _______ refers to care of a child in someone else's home. A. Nursery school B. Family child care C. In-home care D. Home child care

Answers

"Family child care" refers to care of a child in someone else's home.


Family child care suppliers care for children in the suppliers' own home. The kids are in a blended age bunch with a low grown-up to kid proportion. Care can be increasingly customized and person. The hours might be progressively adaptable and the supplier may offer night and end of the week care for moms who work shifts.  

This resembles to a day-care that exists in somebody's place of home. Ordinarily there are various children selected without a moment's delay, and the overseer makes the home progressively appropriate to the reason, guaranteeing kid security and that there are a lot of exercises to invigorate the kids.  


You receive a college investing kit in the mail from a reputable investment company. this information is _____. reliable unreliable

Answers

Not totally sure on the context but if they are actually reputable and trusted the it is most likely Reliable.

You receive a college investing kit in the mall from a reputable investment company. This information is reliable. The correct option is a.

What do you understand about investment?

An investment can be understood as an asset or item acquired with the goal of generating income or appreciation. Appreciation refers to an increase in the value of an asset over time. When an individual purchases a good as an investment, the intent is not to consume the good but rather to use it in the future to create wealth.

An investment always concerns the outlay of some resource today, time, effort, money, or an asset in hopes of a greater payoff in the future than what was originally put in.

For example, an investor may purchase a monetary asset now with the idea that the asset will provide income in the future or will later be sold at a higher price for a profit.

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What is the answer to 2/3x8

Answers

5.3333333333333333333333333333333333333333333333333333333333333333333333333333333ect

The answer to the mathematical expression 2/3 multiplied by 8 is 16/3, or approximately 5.33.

The question asks for the result of the expression 2/3 multiplied by 8. To calculate this, you can multiply the numerator (2) by 8 and then divide by the denominator (3). We will approach this step-by-step:

Multiply 2 by 8, which gives 16.Divide 16 by 3.The result of dividing 16 by 3 is 5 with 1 left over, or more precisely, 5 1/3 or approximately 5.33.

Therefore, the answer to 2/3 multiplied by 8 is 5 1/3 (16/3) or about 5.33.

The owner of ProPhone has charted the company's marginal revenue and marginal cost for its latest line of smartphones, the Blazer. Use the chart to calculate the company's profit. If ProPhone sells four phones, the company will
break even
lose money
maximize profits
make some profit

Answers

marginal cost for 4 phones = 50
marginal revenue = 120
 
marginal cost for 1 phone = 80
marginal revenue = 200

Therefore,
If Pro-Phone sells four phones, the company will maximize profits.

Answer:

D - Make some profit

Explanation:

I took the test and this was correct.

“Compounding frequency” refers to: A How often your interest is calculated and added back into your account B How easily you can add money into your account C What type of interest your account earns D What interest rate you can expect from your account

Answers

A Simple interest is calculated on the original amount you invest , compound interest is added to your investment and from then on you earn "interest on the interest" in addition to interest on the original investment. Compound interest can be compounded daily , weekly, monthly , six monthly , annually or any other time period. You earn more interest if it is compounded daily  instead of annually for example , although at low rates - 2 to 5 % for example - the difference isn't that great unless you invest a large amount.

What is the sky i mean you look at it every day what is it made out of?

Answers

Nitrogen, maybe a little bit of oxygen. Mixtures of gasses. You could find the answer on google easily.

Final answer:

The sky consists of Earth's atmosphere and appears blue during the day due to the scattering of sunlight. At night, it reveals stars and the Milky Way, with the band of light being part of our galaxy. Most of our galaxy, while not visible, is made up of dark matter, detectable by its gravitational influence.

Explanation:

When you look up at the sky, you're seeing the atmosphere of our planet, which is composed of gases like nitrogen and oxygen. During the day, the sky appears blue due to the scattering of sunlight by air molecules, a process that favors shorter blue wavelengths. At night, away from city lights, you can observe a multitude of stars and the Milky Way, which is one part of our galaxy. The Milky Way was named due to its appearance as a milky band of light across the sky, a view that contains the combined light of billions of stars.

The sky is also a window to the universe beyond. It allows us to observe celestial events and bodies, and has captivated different cultures throughout history with various interpretations and folktales. For instance, the band of the Milky Way has been seen as the path traveled by sacred animals in some Native American stories, or likened to a stream of spilled milk in Greek legend. The sky that ancient Greeks thought of as a crystalline sphere is now understood to be the projection of the universe around us, with the appearance of movement caused by Earth's own rotation.

Furthermore, beyond the visible elements like stars and interstellar dust, astronomers have discovered that most of our galaxy is actually made of dark matter, which does not emit or absorb light and is detectable only through its gravitational effects on other objects. This engages scientists in an ongoing quest to understand the true nature of the universe.

When is taking a zero percent APR option more beneficial than a large rebate?

Answers

Taking a zero percent APR option is more beneficial than a large rebate when you want  to save more money in the long run. Rebates are usually fixed amounts of money.

Assume that sophie decides to discontinue this product line. by how much will overall company net income change

Answers

It seems that you have missed the necessary information for this question to be answered, but anyway, I have found it, and according to the given data, overall company net income that will change would be will INCREASE by $2,500 if the product line is discontinued. Hope this answer helps.

A t account for cash cannot contain any credits. false true

Answers

i will go with false

How would learning how to use excel and a financial calculator help me in my personal and career goals?

Answers

It would help you balance your budget better. That way you don't find yourself in financial trouble with debt or creditors. 

In terms of your career, it would help you find a job and keep that job. If you can prove you're good with tools like that, then your boss will be very impressed. The better you perform, the more likely you'll get a raise. 

which investment is the riskiest but has the potential to earn you the most money

Answers

Invest in a house. It is easy to fix it up and remodel for penitential buyers. However the con of doing this is the cost of the house. You do not want to invest in a potential money pit, you also do not want something to extravagant to were you will be pay out the rear for it.  After remodeling your house should be ready to sell and you should have an improved interest on the house,causing you to profit. 

stocks can be risky but make money





The amount of money that a worker's compensation claimant can recover

A. Is fixed at federal level.
B. Is preset as established by statute or regulations.
C. Depends on whether the employer carried worker's compensation insurance.
D. Depends on how quickly the claim was filed.

Answers

Final answer:

The amount a worker's compensation claimant can recover is predetermined by state statutes or regulations, and varies depending on state law and several factors related to the specific injury and worker's salary.

Explanation:

The amount of money that a worker's compensation claimant can recover is not fixed at the federal level. Instead, it is predetermined by state statutes or regulations. This amount can vary based on several factors, including the severity of the injury, the worker's average salary, and other specifics outlined in state workers' compensation laws. Employers are mandated by law to contribute a small percentage of the salaries paid to workers into state-level funds. These funds are then used to pay benefits to workers who are injured on the job. Therefore, the claim amount relies on the state's statutory or regulatory provisions rather than whether the employer carried workers' compensation insurance or how quickly the claim was filed.

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Select the postulate that is illustrated for the real numbers.3 + 2 = 2 + 3The commutative postulate for multiplicationMultiplication identityThe addition inverse postulateCommutative postulate for additionThe distributive postulateThe addition of zero postulateThe multiplication inverse Which of the following expressions could be used to represent "the difference between -17 and -8"?-8 - (-17)-17 - 8-17 - (-8)-8 + (-17) Intel, a company formed in 1968, revolutionized computers by combining several integrated circuits that contained both memory and computing functions on a single chip called Y=1.40x 14.25 solving for x Define "global warming." Help!!! Question is attached. It is on Solving Equations. How do the lines in "the black snake" contribute to the structure of the poem?? Larissa has a BMI of 30% and the waist measurement of 40 describe Larissa's body composition and set a reasonable go for her and devise a plan to help her accomplish the goal How did president george washington react to the conflict between france and england in 1793? what would be a good conclusion statement for the Arctic Tundra?please help! A six-sided fair die and an eight-sided fair die are rolled together. What is the probability of getting numbers whose sum is a multiple of 3? To travel 105 miles, it takes Sue, riding a moped, 3 hours less time than it takes Doreen to travel 64 miles riding a bicycle. Sue travels 13 miles per hour faster than Doreen. Find the times and rates of both girls. Tomas orders a meal the costs $7.89.lisa's meal costs $9.05. about how much is combined cost if their meals? Use the SAS Congruence Axiom to prove the ASA criterion ...? State the three rules that define how electrons are arranged in atoms I don't get how to do this. Please Explain step-by-step please.(-8xy) 2xy-------------------------- 32xy Prefix that means outside What are the letter notes for the Imperial March on piano from Star Wars Sorry for the difficult question Macbeths first act includes all of the colloeing except What is the relationship among the three quatrains in a Shakespearean or English sonnet?Each quatrain expresses a different opinion about the sonnet's topic.They add variety to the poem's form by using three different meters.They unite the poem by developing a single topic and theme.They represent the beginning, middle, and ending of a narrative.