48%
no he was free of that i guess?
American income taxes pay for government services and protection, defense/military spending, roads, schools, and law enforcement.
The first Federal Income tax was collected in 1862. It was to help pay the cost of the United States Civil War.
The Federal income tax is a progressive tax because the more a person makes in revenue, the more tax they will have to pay. The tax level or percentage is higher for those with a higher income, too.
If I retire and my income is $4500. a month, how much federal income tax will I pay?
what do large US corporations pay in Federal income tax
When you sell the gold, that is income- and you will pay Federal Income Tax on that income, just like you pay on wages you earn.
No Federal income tax due on inheritance.
The Federal government is the level of government we pay income taxes to.
If you have taxable income, yes.
They don't have to pay federal income taxes.
All workers in America, regardless of religious beliefs, are subject to the same taxes.
How much federal income tax is paid on $9600.00
If you live in New York City, you pay federal, state, and local income tax. If you live in Indiana, you pay federal, state, and county income tax.
60% :-)
No.