How are income taxes calculated? How would a flat tax affect individuals and businesses?
What will be an ideal response?
An ideal response will:
1, Explain that income taxes are based on marginal tax brackets and are progressive—the more money an individual makes, the higher the percentage to be paid in taxes.
3, Outline the basic concepts of a flat tax, such as that proposed by U.S. Congressman Dick Armey, noting that all income over the exempted amount would be taxed at 17 percent; net business income would be taxed at the same rate, many lower-income families would pay no income tax at all, and tax preparation would be much less complicated for most taxpayers.
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What is the composition of the county commissioner's court?
A. a three-judge panel and four county commissioners B. a district clerk and four county commissioners C. a county judge and four county commissioners D. five county commissioners, with one member appointed county judge
A federal court would be authorized to hear all of the following cases EXCEPT
A. a case between individuals who are from different states. B. a case between two states. C. a question of law based on an interpretation of the U.S. Constitution. D. any trial to determine the facts no matter who the parties are. E. a case in which a U.S. citizen and a foreign government are parties.