Social Studies, 20.03.2020 22:18 alishastevens16
"The individual income tax is a graduated tax, meaning a tax with rates that rise as taxable income increases. It is Georgia's top revenue source, generating between 40 and 45 percent of the state's total revenue. The corporate income tax is a flat tax on the income that a corporation generates within Georgia. Companies are not taxed on income generated outside the state. This tax is typically Georgia's fourth- or fifth-largest revenue source and accounts for 3 to 5 percent of the state's total revenue. The general sales tax is placed on customer purchases of most items bought at retail stores. The sales tax is a percentage of the price of an item. The state revenue department collects all of the sales-tax revenue and returns the local portion to the appropriate counties, cities, and school systems. The property tax, while one of the major sources of revenue for local governments, generates only a small portion of the state government's funds. County and city governments administer and collect property taxes." - from The New Georgia Encyclopedia Based on this information, what would happen if the sales tax were cut? A) Property taxes would also be cut. B) Funding for schools would be reduced. C) Businesses would become less profitable. D) The state would lose a majority of its funding.\
Answers: 3
Social Studies, 22.06.2019 03:30
What did the leaders of the soviet union feel would provide the most protection for their country
Answers: 1
Social Studies, 22.06.2019 09:00
Brainliest will be given is conflict unavoidable among israel and its arab neighbors? why or why not? could stronger economic ties between israel and its arab neighbors reduce conflict? why or why not? what evidence supports your positions?
Answers: 1
Social Studies, 22.06.2019 10:00
How would having more railroad tracks be advantageous during a war
Answers: 3
Social Studies, 23.06.2019 02:30
What idea did most of the founding fathers,despite their differences, agree with?
Answers: 1
"The individual income tax is a graduated tax, meaning a tax with rates that rise as taxable income...
Mathematics, 24.03.2021 18:50
Chemistry, 24.03.2021 18:50
English, 24.03.2021 18:50
Mathematics, 24.03.2021 18:50
Chemistry, 24.03.2021 18:50
Mathematics, 24.03.2021 18:50
History, 24.03.2021 18:50
Mathematics, 24.03.2021 18:50
Spanish, 24.03.2021 18:50
Computers and Technology, 24.03.2021 18:50
History, 24.03.2021 18:50
Spanish, 24.03.2021 18:50
Mathematics, 24.03.2021 18:50