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What are the import taxes and value-added tax in Australia? Explain.
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- what are some things that should be exempt from taxDo you own a home?If yes, how much property tax you pay? From the township, you must have received a letter indicating how much property tax you paid last year and what is the accessed value your property for this year. Does this letter contain fair market value, assessment rate and property tax rate for your property? Comment on why this amount varies from one township to another. If you do not own a home, investigate the same thing from someone you know who owns a house.How do sales taxes typically apply in a business environment?
- Do you think that a uniform global corporate tax rate is a good idea? Why or why not? Who will it benefit? Who might it hurt?Bill Jackson had a total taxable income of $3000. Bill’s employer wants him to work another month during the summer, but Bill had planned to spend the month hiking. If an additional month’s work would increase Bill’s taxable income by $2000, how much more money would he have after paying the income tax?how are consumption taxes different from income and property taxes?
- Which tax is the largest source of tax revenue in the United States? personal income taxes social insurance taxes corporate profit taxes value added taxes national sales taxesHow do corporations avoid paying their taxes? What is the government doing about this and do you agree or disagree with the government's actions?The U.S tax system a progressive income tax. What is a progressive tax
