if ondividual income tax accounts for more total revenue than the payroll tax in the us, why would over half the household in the country pay more in payroll taxes htan income taxes

Answers

Answer 1

Individual income taxes do account for more total revenue than the payroll tax in the US. This is because the payroll tax is based on a capped income level.

Over half of the households in the US pay more in payroll taxes than income taxes because many households earn an income that is below the capped level. As a result, they pay more of their income in payroll taxes than income taxes.

In conclusion, individuals in the US pay more in income tax than payroll taxes, but over half of households in the country pay more in payroll taxes than income taxes due to the capped income level.

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Related Questions

What things might limit the supply in this situation?

Answers

Price, the number of providers, the level of technology, government subsidies, climatic conditions, and the availability of labor to create the commodity are some of the variables that will affect supply.

What are the limitation of supply?

Even though the price level is extremely low, the seller will attempt to sell more if he anticipates that the price of the commodity would decline in the near future. On the other hand, even if the price level is high, the seller will not make any more sales if he anticipates a future increase in the price of the product. It goes against supply-side economics.

Demand and supply analysis in the economy has its limitations. For instance, the study makes the assumption that other economic parameters will remain constant. Furthermore, it suggests that the demand and supply analysis cannot be applied to the economy if the variables are not constant.

Thus, Price, the number of providers, the level of technology, government subsidies are some of the variables that will impact supply.

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What is the purpose of regulations in government?

Answers

Ideally, regulations are meant to protect people and/or the environment. However, regulations can make it harder for people to make new products or services that help their communities and make jobs.

What is the primary motivation behind the regulations?

The requirements that the government imposes on private businesses and individuals in order to accomplish the goals of the government constitute regulation. Better and cheaper services and goods, protection of existing businesses from "fair" competition, cleaner air and water, and safer products and workplaces are among these.

Which three main goals does regulation aim to accomplish?

The goal of regulation is to maintain investor confidence in the financial system. financial stability: assisting in the safeguarding and enhancement of the financial system's stability. securing the appropriate level of protection for customers is known as consumer protection.

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A large retailer selling food and most routinely purchased consumer products is a
A) hypermarket.
B) supermarket.
C) discount store.
D) warehouse club.
E) superstore.

Answers

The correct answer is A) hypermarket. Stakeholders involved in the operation and success of a hypermarket typically

Explanation:A large retailer selling food and most routinely purchased consumer products is a hypermarket. A hypermarket is a retail store that is a combination of a supermarket and a department store. It sells a wide variety of goods, including food, clothes, electronics, and household items, under one roof.A hypermarket is known for its large size and wide selection of products.

They often have a large parking area and offer a one-stop-shop for customers looking to do all their shopping in one place. Hypermarkets are typically found in suburban or rural areas where there is enough space to accommodate the large building and parking lot.In summary, a hypermarket is a large retail store that sells food and a wide variety of consumer products. They are a combination of a supermarket and a department store and are known for their large size and wide selection of products. The main answer is A) hypermarket.

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What is The movement of the economy from
one condition to another ohd bach again?

Answers

Answer:

Business Cycles is the right answer

Explanation:

Paul Mason's firm sells medical equipment to heart surgeons. The company fields a direct sales force that travels the country demonstrating its equipment to heart surgeons and hospital administrators. Recently, Paul's company started producing equipment for eye surgeons, partly to maximize the value of his sales force, which can now call on both heart surgeons and eye surgeons when it makes hospital visits. Paul's firm is attempting to capture economies of ________ through this strategy.

Answers

Answer:

scope

Explanation:

financial management deals with two things—managing a company's finances and . operations management inventory control raising money production management supply chain management

Answers

Answer:true

Explanation:

they come hand to hand running a bussiness

How does giving benefit both the giver and the receiver?

Answers

Answer: The benefits of giving are not only reaped by the gift receivers, but also by the giver themselves in terms of their health and happiness.

Explanation: I hope that helped.

The Engel Curve for a good is derived by which of the following? Tracing the optimal allocation as the good's price changes Tracing the optimal allocation as income changes Tracing the optimal allocation as either income or price changes Any of the above None of the above

Answers

The Engel Curve for a good is derived by tracing the optimal allocation as income changes.

The Engel Curve shows the relationship between the quantity of a good consumed and the level of income. It illustrates how the demand for a particular good varies with changes in income while holding other factors constant, such as prices.

By tracing the optimal allocation of the good as income changes, economists can observe how individuals adjust their consumption patterns in response to changes in their income levels. As income increases, individuals may choose to allocate more of their budget towards certain goods, resulting in an upward shift in the Engel Curve. Conversely, as income decreases, individuals may allocate less of their budget towards certain goods, leading to a downward shift in the Engel Curve.

The Engel Curve provides insights into the income elasticity of demand for a good and helps economists understand how changes in income affect consumer behavior and consumption patterns. By examining the relationship between income and the quantity consumed, economists can gain valuable insights into consumer preferences and the income sensitivity of different goods

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If 1m people are unemployed and the potential labour force is 30m, what is the unemployment rate

Answers

Answer:

total labour= 40m

unemployement rate= 1000000/40000000*100%= 2.5%

Explanation:

When shopping for ______ shopping products, people are primarily concerned with price because they see the products as being fundamentally the same.
emergency
homogeneous
heterogeneous

Answers

When shopping for homogeneous shopping products, people are primarily concerned with price because they see the products as being fundamentally the same.

Homogeneous shopping products are goods that are perceived by consumers as being similar or identical in quality, regardless of their source or brand. Examples of homogeneous shopping products include basic food items like rice, flour, and sugar, as well as commodities like gasoline, electricity, and water.Consumers tend to be highly price-sensitive when shopping for homogeneous shopping products, as they see little differentiation between competing brands or sources. This means that businesses that sell homogeneous shopping products often compete on the basis of price, rather than quality or brand recognition.In contrast, heterogeneous shopping products are goods that are perceived by consumers as being different in quality, style, or performance, depending on their source or brand.

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When shopping for homogeneous shopping products, people are primarily concerned with price because they see the products as being fundamentally the same.

Homogeneous products are those that are similar in quality, performance, and features, leading consumers to focus on price as the main differentiating factor.

Homogeneous goods are the goods that are either physically identical or are viewed as identical in the eyes of the customers.

The homogeneous goods are perfect substitutes for each other and are generally sold in perfect competition. The seller competes on either price or availability.

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TRUE / FALSE. when performing iontophoresis oil-based products penetrate better

Answers

FALSE.

When performing iontophoresis, water-based products generally penetrate better than oil-based products. Iontophoresis is a technique that uses a mild electrical current to facilitate the transdermal delivery of ions from an electrode to the skin. Since water-based products have higher water content, they can conduct the electrical current more effectively and enhance the penetration of ions into the skin. Oil-based products, on the other hand, have lower water content and may hinder the conduction of electrical current and the penetration of ions.

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Please helppppppppppppp ASAP

Please helppppppppppppp ASAP

Answers

Explanation:

Some of the characteristics include:

they are not primarily motivated by profit but to make a social impact in their communities.profits made are often reinvested into completing social projects.they usually ensure project sustainabilitythey do not often depend on external funding sources such as grants or donations, but instead, they generate their own revenue by means of their own business activities.

Suppose your expenses for this term are as follows: tuition: $5,000, room and board (housing and food): $6,500, books and other educational supplies: $1,500. Further, during the term, you can only work part-time and earn $4,000 instead of your full-time salary of $14,000. What is the opportunity cost of going to college this term, assuming that your housing and food expenses would be the same even if you did not go to college

Answers

Answer:

so the total expenses would be $13,000

you made $4,000

that would leave us with $9,00

to answer your question, it would be:

$13,000

- $5,000

--------------

$8,000

$8,000

-$4,000

-------------

$4,000 total!

Explanation:

please mark brainliest if correct <3

An australian manufacturer of surfboards wants to increase awareness of its brand in the u.s. market. a ____ plan to accomplish this objective might be to host a series of surfboard competitions in california to raise brand awareness.

Answers

Marketing  plan would be the best option to accomplish this objective.

A marketing plan would involve activities such as creating brand awareness through advertising, creating a social media presence, launching campaigns and promotions, developing relationships with influencers, and hosting surfboard competitions in California to increase brand awareness. This plan would help the surfboard manufacturer reach the U.S. market and increase brand awareness.

The strategy a business will employ to promote its products to customers is described in the marketing plan. The target market, the brand's or product's value proposition, the campaigns to launch, and the metrics to be applied to judge the success of marketing initiatives are all identified in the plan.

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QUESTION 4 of 10: A clothing designer is looking for a job that can cover her living expenses of $5,000 per month. If she plans on working
forty hours a week, with four weeks a month, what's the minimum hourly wage she needs?

Answers

Answer:

$31.25

Explanation:

40 hours a week x 4 weeks a month = 160 hours of work per month

$5,000 divided by 160 = $31.25

All of the following represents a type or character of income except a. Tax Exempt b. Capital c. Qualified Dividend
d. Normal

Answers

"Normal" is not a recognized type or character of income. The other options mentioned represent specific types or characters of income.

Option D is correct.

a. Tax Exempt: Refers to income that is not subject to taxation, typically due to specific exemptions or provisions in tax laws.

b. Capital: Refers to income generated from the sale or disposition of capital assets, such as stocks, bonds, or real estate.

c. Qualified Dividend: Refers to dividends that meet certain criteria set by the tax code, qualifying for lower tax rates than ordinary dividends.

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Qwan Company's payroll for the year is $737,910. Of this amount, $472,120 is for wages paid in excess of $7,000 to each individual employee. The SUTA rate in Qwan Company's state is 2. 9% on the first $7,000 of each employee's earnings. Compute:

Round your answers to the nearest cent. A. Net FUTA tax $fill in the blank 1
b. Net SUTA tax fill in the blank 2
c. Total unemployment taxes $fill in the blank 3

Answers

A. Net FUTA tax will be $1,595, B. Net SUTA tax will be $7708 C. Total unemployment taxes will be $9303

Payroll not in excess of 6% = $737,910 - $472,120 = $265,790, A. FUTA is ($265,790 × .06 = 1,594.74), B. SUTA Tax = ($265,790 × .029 = 7707.91 ), C. Total (1594.74 + 7707.91 = 9302.65)

According to the Federal Unemployment Tax Act (FUTA), every business with employees is required to pay a payroll tax, and the money collected from this tax is used to pay for unemployment benefits. By 2021, this FUTA corporation tax will be 6% of the first $7,000 each employee receives annually. While being based on an individual's wages, the FUTA payroll tax is only assessed on companies and not employees. FUTA and SUTA are comparable taxes levied on several levels of government, although FICA and FUTA finance entirely different programmes through levies on separate individuals.


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Yue Integrated Circuits, Inc. common stock currently pays a $1.50 annual dividend (D0). You expect Yue dividends to grow at a 10% annual rate for the next two years, and a 5% constant rate thereafter (after year two). Assume investors expect a 12% rate of return on Yue common stock. What is the price (value) forecast of the common stock at the end of year 2

Answers

Based on the dividends and the growth rate, we can infer that the value of the stock at the end of year 2 is $27.26

You can use the Gordon Growth Model to solve for this:

Value of stock = Next dividend / (Rate of return - growth rate)

Next dividend = Dividend in year 3:

= Current dividend x (1 + year 1 growth) x (1 + year 2 growth) x ( 1 + year 3 growth)

= 1.50 x (1 + 10%) + (1 + 10%) + (1 + 5%)

= $1.90575

Value of stock₂ = 1.90575 / (12% - 5%)

= $27.26

In conclusion, the value of the stock at the end of year 2 is $27.26

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Which of the following can a grocery store change in the long run?
A. the number of shelves, employees, and parking spaces in the parking lot
B. the type of grocery carts, magazine racks, and produce displays
C. the store location, sign on the storefront, and advertising on the media
D. all of the above

Answers

Answer:

I believe all of the above

Explanation:

went with what came to mind if its wrong very sorry.

A grocery store change, in the long run, is all of the above. Thus the correct option is D.

What is the importance of change?

In order to remain in competition an organization needs to work on bringing change and innovation in the process as well as a product that helps them in  achieving higher revenue by following trends and preferences.

If an organization adopts change frequently it shows its flexibility to cope with the demands of the market in order to meet the level of satisfaction of customers.

A grocery store that is planning to grow may eventually affect the number of shelves, staff, and parking places in the lot which helps in better services to their customers.

The design of the fruit displays, magazine racks, and grocery trolleys as well as the store's location, storefront sign, and media advertising can all help to increase sales and draw in more customers.

Therefore, option D is appropriate.

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Define what liquidity means by completing the following sentence. Liquidity refers to an asset which can be readily used to pay for current

Answers

Answer:

Liabilities

Explanation:

'Liquidity' is described as the 'asset's property of being able to be sold without affecting its value or the degree to which it can be easily converted into cash.' If the liquidity ratio of a company is high, then its ability to pay off its current liabilities is high as well. Therefore, the company can pay off the debtors with immediate effect and thus, it would be able to meet its short-term financial commitments. This is the key reason for people's high investments in the companies having a higher liquidity ratio as they analyze the debt paying capability of the company first.

What part of the problem-solving process involves thinking about what you would do differently next time?

Question 3 options:

Select the best solution


Evaluate the solution


Execute the solution


Identify consequences

Answers

Identify consequences

HELPPPP!!!! WILLL GIVE BRAINLEST!!!


It allows you to rent a car while yours is being repaired. a. auto replacement c. personal damage liability b. comprehensive physical damage d. rental reimbursement

Answers

Answer:

I'm pretty sure the answer is d

Explanation:

Alternatively, you may pay out-of-pocket for your rental then seek reimbursement from the other insurance company once it completes its investigation.

Answer:

D

Explanation:


Activity 3
Calculate Profit

Activity 3Calculate Profit

Answers

Answer: See explanation

Explanation:

Profit is calculated as:

= Selling price - Cost price

1. Selling price = 1353

Cost price = 1230

Profit = Selling price - Cost price

= 1353 - 1230

= 123

2. Selling price = 1350

Cost price = 900

Profit = Selling price - Cost price

= 1350 - 900

= 450

3. Selling price = 1500

Cost price = 1200

Profit = Selling price - Cost price

= 1500 - 1200

= 300

4. Selling price = 2960

Cost price = 850

Profit = Selling price - Cost price

= 2960 - 850

= 2110

CAREER (need help need to be %100 right)

Any activity that leaves you feeling weaker after you do it is a ___?

A) talents
B) strength
C) interest
D) weakness

Practicing and hard work builds your talents into ___?

A) strengths
B) weaknesses
C) motivation
D) passion

Answers

Answer:

D) weakness

A) strengths

Explanation:

Corey Corporation manufactures joint products W and X. During a recent period, joint costs amounted to $300,000 in the production of 20,000 gallons of W and 60,000 gallons of X. Both products will be processed beyond the split-off point, giving rise to the following data: W X Separable processing costs $ 40,000 $ 160,000 Sales price (per gallon) if processed beyond split-off $ 14 $ 12 The joint cost allocated to W under the net-realizable-value method would be:

Answers

Therefore, the joint cost allocated to W under the net-realizable-value method would be $84,000.

Under the net-realizable-value method, the joint cost allocated to each joint product is based on the estimated sales value of the product after it has been processed beyond the split-off point. In this case, the total joint cost is $300,000 and the joint products W and X are produced in quantities of 20,000 gallons and 60,000 gallons respectively.

To allocate the joint cost to each product, we need to calculate the net realizable value of each product. For W, the separable processing cost is $40,000 and the sales price per gallon if processed beyond split-off is $14. Therefore, the net realizable value of W is (20,000 gallons x $14) - $40,000 = $220,000.

To allocate the joint cost to W, we need to calculate the proportion of the total net realizable value that W represents. This is calculated as follows:

W's net realizable value / (W's net realizable value + X's net realizable value)

= $220,000 / ($220,000 + X's net realizable value)

We can solve for X's net realizable value by using the same calculation, but with the given data for X:

X's net realizable value / (W's net realizable value + X's net realizable value)

= $12 per gallon x 60,000 gallons - $160,000 / ($220,000 + X's net realizable value)

Solving these equations simultaneously, we get X's net realizable value = $680,000.

Finally, we can allocate the joint cost to W using the proportion we calculated earlier:

Joint cost allocated to W = Total joint cost x (W's net realizable value / Total net realizable value)

= $300,000 x ($220,000 / ($220,000 + $680,000))

= $84,000

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what is the meaning of cheque stub​

Answers

Answer:

A check stub is the part of a check that is kept by the payee with information such as the check number, date, and amount. ... A check stub is the part of a check that is kept by the payee with information such as the check number, date, and amount.

Because there are multiple people interested in creating a business organization, the fraternity brothers cannot form which of the following?

Answers

Answer:

The fraternity brothers cannot form a sole proprietorship. A sole proprietorship is a business owned and operated by one person. If there are multiple people involved in the business, it cannot be a sole proprietorship.

The fraternity brothers could form a partnership, a corporation, or a limited liability company (LLC). A partnership is a business owned by two or more people. A corporation is a business that is owned by its shareholders, who are not personally liable for the debts of the business. An LLC is a hybrid of a partnership and a corporation, with some of the benefits of each.

Explanation:

an employee can be dismissed if their job surplus to requirements' outline why this state ment is false

Answers

Hiring labour is different from buying other goods and services, and the contract between the employer and the employee is incomplete. It does not cover what the employer really cares about, which is how hard and well the employee works.

The Italy can produce 20 Gas turbines and 60 Tyres. France can produce 80 Gas turbines and 30 Tyres.
a). What is the opportunity
cost of producing Gas turbines in Italy? ______ tyres.
b). What is the opportunity cost of producing Tyres in
France ? _______ Gas turbines.

Answers

Answer:

1. 60 Tyres

2. 80 Gas Turbines

Explanation:

Given that the Opportunity cost is an economics term that is used in describing the cost of an alternative that must be forgone to continue or proceed with a certain activity.

Hence, in this case, considering the available information in the question, the correct answer is that the opportunity cost of producing Gas turbines in Italy is 60 Tyres.

At the same time the opportunity cost of producing Tyres in France 80 Gas turbines.

Who decides the business ethics for a company?

Answers

Answer:

Four groups of people are generally responsible for the success of a business:Employees,customers,the community and shareholders.

Explanation:

ethical companies need to balance their responsibilities to these groups, especially when they have conflict

Other Questions
2. all of the following are accurate pairings of a researcher with their contributions regarding learning except: a. ivan pavlov - demonstrated how the acquisition of a cr depends on pairing the cs and the us (c b.f. skinner - designed an operant chamber to study how operant behavior is reinforced and shaped john b. watson - showed the importance of learning by watching a model and imitating the model's behavior e. edward tolman - demonstrated learning occurs but may not be apparent until there is an incentive to demonstrate it martin seligman - contributed to our understanding of how learned helplessness develops in animals and humans Go to cell I7 and insert a nested function that displaysDue for raiseto allmanagers that earn less than $85,000 and N/A for anyone that does not fit the criteria =IF(AND(D7="manager",G7 A teenager swears at the dinner table, and as a result, her parents take away her iPad for one week. The teenager is now much less likely to swear at the dinner table, illustrating:A) positive punishment.B) positive reinforcement.C) negative punishment.D) negative reinforcement. What percent of light will pass through 10 panes? The following table shows several ordered pairs of a function, m(x)x m(x)-1 -1.51 1.52 34 6Graph m(x) on a coordinate plane to determine whether or not the function represents a direct variation. In complete sentences, describe your conclusion and reasoning. Include your graph in your answer. in pea plants, the allele for purple flowers, p, is dominant over the allele for white flowers, p. which conclusion about phenotype and genotype is possible?(1 point) responses A. if a plant has white flowers, then its genotype must be pp. B. if a plant has white flowers, then its genotype must be , pp, . C. if a plant has white flowers, then its genotype must be pp. D. if a plant has white flowers, then its genotype must be , pp, . E. if a plant has purple flowers, then its genotype must be pp. F. if a plant has purple flowers, then its genotype must be , pp, . G. if a plant has purple flowers, then its genotype must be pp. Which of the following are examples of engineering disciplines?Aerospace engineering, manufacturing engineering, and chemical engineeringMaterials engineering, electrical engineering, and civil engineeringMechanical engineering, biotechnical engineering, and computer engineeringAll of the above. William Sheldon's attempt to link physical appearance to delinquency; he focused on somatotype (body type)Sheldon believed there would be differences between the somatotypes of delinquents and nondelinquentsHe identified three somatotypes: Endomorph, Mesomorph, and EctomorphHe did not believe anyone was a pure endomorph, mesomorph, or ectomorph; he developed a system where levels could be measuredAccording to Sheldon, individuals with mesomorphic body structures are more likely to be delinquent, because body structure influences an individual's temperament, and mesomorphs are more aggressive and assertive than other body types _____________ can limit innovation and is a lose-lost approach to decision making.a. majority ruleb. compromisec. consensusd. decision by leader According to the Organisation for Economic Cooperation and Development, connections with people who come from different backgrounds and cultures would be called which of the following?a. familialb. bondsc. bridgesd. linkages The photograph below shows a roadcut, a human-made outcrop (rock exposure) alongside the highway. The gray layers are shale and the tan layers are sandstone. The students studying this outcrop made the following observations: 1. Fossils of marine invertebrates occur in the dark shale at the base of the outcrop. 2. Fossils of plants that grow in swamps occur in the sandstone near the top. 3. The lowermost sandstone layer fills a channel cut down into the shale below. Which of the following are reasonable interpretations of depositional environments of the sediments from which these rocks formed?there are two correct answers The sandstone was deposited near the coast. The shale was deposited on a floodplain. The shale was deposited in a lake. The sandstone was deposited in a mountainous, rocky environment. The sandstone was deposited in an inland desert. The shale was deposited in the ocean. What is a deGrasse Tyson's main claim (b) What evidence and reasons support his argument Suppose we want to choose 2 colors, without replacement, from the 5 colors red, blue, green, purple, and yellow. (If necessary, consult a list of formulas.) (a) How many ways can this be done, if the order the choices is relevant? (b) How many ways can this be done, if the order of the choices is not relevant? The ratio of the sines of any two angles in a triangle equals the ratio of the lengths of their opposite sides. Justify your answer. Wendy has been the team lead for a year-long mentorship development program in her community. The members of the committee worked hard during the process and overcame budget constraints and other conflicts to implement the program to aspiring musicians in the area. She felt fortunate to have a strong team that cooperated and handled disputes and feedback constructively. According to Tuckman's five-stage model of group development, which of the following stages is Wendy's group experiencing? Multiple Choice a. performingb. storming c. norming d. adjourning e. forming Atomic weight of Boron is 10.81 and it has 2 isotopes 5B10 and 5B11, then the ratio of 5B10:5B11 in nature would be 1. 15:16 2. 10:11 3. 19:81 4. 81:19 In a typical reverse-phase LC procedure, decreasing the polarity of the MP will most likely have what effect on the peaks in the chromatogram?A.the efficiency of the peaks will increaseB.the retention factors for all non-polar compounds will increaseC.the retention times of the peaks will increaseD.tm for the system will increaseE.the retention times of the peaks will decreaseF.the resolution of the peaks will increaseG.tm for the system will decreaseH.the plate height of the peaks will decrease at the end of the year, the deferred tax asset account had a balance of $4 million attributable to a temporary difference of $16 million in a liability for estimated expenses. taxable income is $60 million. no temporary differences existed at the beginning of the year, and the tax rate is 25%. prepare the journal entry(s) to record income taxes, assuming it is more likely than not that three-fourths of the deferred tax asset will not ultimately be realized. A person has three liters of extracellular water in blood (vascular volume). Assuming 70% of the body weight is from water. Calculate the weight of this person. T/F the goal of the child online protection act (copa) was to protect children from harmful material on the world wide web, however, it was ruled unconstitutional.