Find the opposing rates that would exactly offset the following changes: [First note which direction the given change is --- positive or negative --- then find the rate that will cancel out the given change when applied from the opposite direction.] Give answers as a percentage, accurate to three decimal places. 12% tax 20% loss 25 15% gain -13.04 20% surcharge -16.67 25% discount -33.33 ✓ % x % 25 x % X % 13.64 X %
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![Find the opposing rates that would exactly offset the following changes:
[First note which direction the given change is --- positive or negative --- then find the rate that will cancel out the given change when applied from the opposite direction.]
Give answers as a percentage, accurate to three decimal places. 12% tax
20% loss 25
15% gain -13.04
20% surcharge -16.67
25% discount -33.33
%
X%
X %
X %
13.64
X %](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F6308d216-71e9-4663-9543-1a17ace4eda6%2F7f2120ef-f85e-4ef3-8d5a-9d6ad42fa71b%2Fa4ngc8c_processed.jpeg&w=3840&q=75)
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- Learning 9g.cengage.com/static/nb/ui/evo/index.html?deploymentld%35982812479578414089770649020&elSBN=978035; A Tax Document E ECSI - TaxSelect Do. SeAccount Quick Car. B Calendar | Navigate Main Street Comm. CENGAGE MINDTAP Homework (Ch 10) Back to Assignment Attempts Keep the Highest/1 4. Understanding different policy options to correct for negativeexternalities Carbon dioxide emissions have been linked to increased air pollution. The following table lists some possible public policies aimed at reducing the amount of carbon dioxide in the air. For each policy isted, identify whether it is a command-and-control policy (regulation), tradable permit system, corrective subsidy, or corrective tax Tradable Permit System Corrective Subsidy Command-and- Corrective Public Policy Control Policy Tax The government orders every factory to adopt a new technology, which reduces carbon-dioxide emissions into the atmosphere. Trees take cartbon dioxide out of the air and convert it to okygen, so the…Suppose that initially a seller's "bottom line" asking price for a particular car is equal to $23,000. However, a new tax is instituted that will tax the seller in the amount of 10% on the sale. What is the seller's new "bottom line" after factoring in the new tax?You decide to work part-time at a local clothing store. The job pays $8.50 per hour and you work 16 hours per week. Your employer withholds 10% of your gross pay for federal taxes, 5.65% for FICA taxes, and 4% for state taxes. SUB PARTS TO BE SOLVED. How much is withheld per week for state taxes? What is your weekly net pay? What percentage of your gross pay is withheld for taxes? Round to the nearest tenth of a percent.
- Suppose in Fiscal illegal there is a 0 percent tax on the first 10,000 of income, but there is a 20% tax on earnings between $10,000 and $20,000 and a 30% tax on income $20,000 and $30,000. Any income above $30,000 is taxed at 40%. If your income is $70,000, how much will you pay in taxes? Determine your average tax rate?30. Steve earned $50 in income last year and the current tax brackets are 20% for the first $10 of income, 30% for the next $10 of income, and 50% for all additional income. In addition there is a $20 deduction that exempts that amount of income from taxation. Steve’s total taxes are _____.3. Suppose demand and supply for your company's product is given by 1 1 Qd = 14 P and Q 2 - Pr – 1 4 %3D %3D a. Determine the equilibrium price and quantity for your company's product. Show the equilibrium graphically. b. Suppose a $12 excise tax is imposed on the product. Determine the impact of this excise tax on the equilibrium price and quantity for the product. c. How much tax revenue does the government earn with the $12 tax?
- Tax Bracket : 0-$20,000 = 10% $20,001-$60,000 = 15% $60,001-$100,000 = 35% _______________________________ Jason makes $65,000, what is the approximate tax he would be paying? A. $22,750 B. $10,000 C. $8,750 D. Just take it all-- Write the letter of your choice on the space provided before each number. Thus, A – if only the 1st statement is CORRECT; B- if only the 2ND statement is CORRECT; C- if both 1st and 2nd statements are CORRECT and D- if both 1st and 2nd statements are INCORRECT. Tax Evasion happens when taxpayers use legal ways to lessen the payment of tax. Tax Evasion is also called Tax minimization. 2. The respective personal exemption for previous tax law is Php 50, 000. For additional exemption each qualified dependent is worth Php 25, 500. 3. Specific tax refers to the excise tax imposed which is based on weight or volume capacity or any other physical unit of measurement. Ad Valorem Tax refers to the excise tax which is based on selling price or other specified value of the goods/articles. 4. Tax Avoidance is also called tax minimization. This is an unlawful means to lessen the payment of taxes. 5. The purpose of taxation is to redistribute wealth. One common subject of taxation is income.Income taxes are calculated based on gross income less certain allowabledeductions. They are also assessed on gains resulting from the disposal of property. What is a 10-word or less definition appropriate for a corporation, based on Wikipedia, for each of the following factors? a. Gross income. b. Expenses. c. Depreciation. d. Interest. e. Property (e.g., equipment) disposition.
- Its is known that the demand function for a product is P = 24 - 1/2Q and the supply function Q = 4 + 2P b. If the government then increases the seller's tax on tge product amount of IDR 20/ unit of goods, what is the price and quantity of goods new balance•The demand function for a product is represented by the equation Qd = 20 - 2P and its supply function with equations Qs = P - 4. The product is subject to a tax of 20%. a. Calculate the Pe and Qe of the after-tax balance b. Calculate the per unit tax received by the government c. Calculate the per unit tax borne by consumers and producers d. Calculate the total tax received by the governmentWhat is the benefit of having state and local taxes on income instead of collecting all such taxes at the federal level? What is the local tax in your county/city? Make sure to state the county/city and the tax rate. How does this compared to the tax rate of neighboring counties/cities? How do you feel about this? Does the location with the higher tax rate receive better amenities (schools, police, road conditions? Would you rather pay a higher tax for better service?