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Which type of tax is income tax?
Income tax an amount of tax that is due on your TAXABLE INCOME amount for the tax year.
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Income Tax is what type of tax?
It is a direct tax from all your earnings.Interestingly, Income tax was first introduced as a quick measure to raise funds to rebuild the Royal Navy in order to fight both Spain and France and to...
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What type of a tax is income tax?
An unapportioned, and therefore illegal tax. ^This is so true^ There is no law backing up income tax as it is not part of the government, but the Federal Reserve.
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What type of tax is an income tax?
directProgressive Tax:)
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Income tax what type of tax?
Income tax is a direct tax. Individuals and businesses pay direct taxes to the government on a regular basis and it is calculated on all sources of income accrued by the business or individual.