Related Tax Questions
Can you tax a service charge?
A service charge is when you purchase a specific item and also purchase the service of a specialized individual to make the item...... Read More
If your car gets repossessed and you choose not to pay for it can they take your tax return?
For most states, no your tax refund cannot be taken away and used as payment of your repossessed car if you decide not to pay for it; however, the lender can...... Read More
Do states with no income tax like Texas have to pay deferred money to baseball players?
Texas is one of nine states that does not enforce a mandated state income tax for its citizens. Instead the tax rates in all other areas are higher...... Read More
Is the federal income tax a progressive tax or a regressive tax?
A progressive tax is when the government imposes a tax code that allows them to charge higher taxes to those who have a lot of income, while charging a lower rate to those with a lower income. A regressive tax is when the complete opposite happens. The go... Read More
Which states don't have state taxes?
Unfortunately, all 50 states have taxes in some way, shape, or form. Otherwise their governments will not be able to function without having any...... Read More
What is the California state income tax rate?
The California state income tax rate is a very different rate as opposed to other states. Most states impose one specific rate for...... Read More
What allows the U.S. Congress to collect individual income taxes?
The 16th amendment permits the United States Congress to levy taxes on the individual incomes without dividing the revenue to the states. The amendment was passed in...... Read More
Why don't Puerto Ricans pay United States Federal Income taxes?
Puerto Rico is an island in the Caribbean that is occupied by the United States, even though much of its culture is a representation of...... Read More
What are the effects of sales tax on consumers?
Although sales tax may seem like a small amount that couldn't possibly affect the way consumers think, it actually has some extraordinary...... Read More
If you purchase a used car from an out-of-state, private party do you have to pay sales tax twice?
Sales tax upon the purchase of an item that is as big as a car can be a bit tricky, sometimes. In this particular case when you...... Read More
If you buy 2 pairs of shoes for $50.00 each and the sales tax is 0.08%, what change will I get back
When you go to the store you should always expect to pay a sales tax on whichever transaction takes place. In the instance in...... Read More