Describe both taxable income and personal exemptions. (Economics)

Answers

Answer 1

Explanation:

Taxable income refers to the base upon which an income tax system imposes tax. Generally, it includes some or all items of income and is reduced by expenses and other deductions. The amounts included as income, expenses, and other deductions vary by country or system. 

Under United States tax law, a personal exemption is an amount that a resident taxpayer is entitled to claim as a tax deduction against personal income in calculating taxable income and consequently federal income tax. 


Related Questions

describe the wave power of the December 26th 2004 tsunami

Answers

Answer: The December 26, 2004 Indian Ocean tsunami was caused by an earthquake that is thought to have had the energy of 23,000 Hiroshima-type atomic bombs. ... Within hours of the earthquake, killer waves radiating from the epicenter slammed into the coastlines of 11 countries, damaging countries from east Africa to Thailand.

The high of the wave in 2004 tsunami was 100 feet

Explanation: For an earthquake-generated tsunami, the wavelength generally reaches a few hundred kilometres if the concerned fault is long. For the 2004 Sumatra earthquake, the wavelength is estimated, from the first wave measured by the Jason-1 satellite altimeter, as around 500–600 km (Gower 2005).

Which of the following is true about Phoenician trade items?
A.
Most Phoenicians traded in weapons and military supplies.
B.
Phoenicians were able to trade items not available in most places.
C.
Phoenicians usually traded in raw materials and resources.
D.
Most Phoenician goods were obtained from other parts of the world.

Answers

Answer:

Study Island: Phoenician were able to trade items not available in most places.

Explanation:

Answer:

B. Phoenicians were able to trade items not available in most places.

Explanation:

Through their natural resources and their own inventiveness, the Phoenicians were able to provide trade items that other civilizations could not. Phoenicians had access to highly valued "cedars of Lebanon" (Phoenicia was located in modern Lebanon), they had learned how to obtain a royal purple dye named "Tyrian purple" (Tyre was a major city in Phoenicia), and they had invented a way to make valuable glass artwork. The Phoenicians also traded other items such as ivory, silver, and slaves.

A representative serves a:
six-year term
four-year term
two-year term
unlimited term

Answers

Answer:

two-year term

Explanation:

Senate is 6 year

President is 4 year

They serve a 2 year term. A president serves 4 years and a senate serves 6 year terms.

If the government passed a law that required people to pay a tax order to go to a worship service, which amendment would be violated

Answers

Answer:first amendment

Explanation:

How did Chinese dynasties use an imperial bureaucracy to maintain and justify their rule?

Answers

Answer:

They conducted efficient civil service exams to recruit the best bureaucrats.

Where did the Olmec establish their civilization?
A)Gulf of Mexico coast

B)present-day Peru

C)south central Mexico

D)Yucatán Peninsula

Answers

Answer: Gulf of Mexico coast

1. Washington believed that political parties were .

Answers

Answer:

Unnecessary because he felt it would divide the nation.

Explanation:

Answer:

destructive

Explanation:

What happened on April 4 1968? Why do you think so many disturbance happens afterwards?

Answers

It was the day that Martin Luther king jr. got shot and passed away

Answer:

Martin Luther King was fatally shot while standing on the balcony  outside his room.

Explanation:

This caused alot of disturbance because he was a black man standing up for what he believed in

Infer: Why might people have different opinions about
the causes of climate change?

Answers

Answer: because not everyone cares about it

Explanation:

What was the great migration

Answers

The Great Migration was the movement of 6 million African Americans out of the rural Southern United States to the urban Northeast, Midwest, and West that occurred between 1916 and 1970.
It was the mass moving of African Americans after slavery was ended.

Which word is a synonym for “ethical” as it is used in paragraph 13 of “The Decision to Drop the Bomb”?

Answers

Answer:

Another synonym word for "Ethical" is called "Morally right".

In the "Decision to Drop Bomb" writeup, it simply means that, it was morally right thing to do given the circumstances.

Explanation:

1. Independence Day was first established as a holiday by Congress in what year?

Answers

Congress proclaimed the Fourth of July a national holiday in 1870, and in 1938 it was established as a paid holiday for federal employees.

Answer:1870

Explanation:

Congress established Independence Day as a holiday in 1870

In 1938 Congress reaffirmed it as paid holiday for an federal employees.

I hope I can help you good night have a beautiful weekend :)

As farming spread, people began to

A) fight with one another.

B) move southward.

C) rely on hunting and gathering.

D) settle in one place.

Answers

D) settle in one place
D, settle in one place. The person above is correct.

Please select the word from the list that best fits the definition

Yamato leader who took the title “emperor of heaven”

1 Animism
2 clan
3 Jimmu
4 constitution
5shrine

Answers

Explanation:

the answer is 3, Jimmu is the yamato leader who took the title "emperor of heaven"

Abraham Lincoln first ran as a Republican in.....

Answers

Answer:

1847 Congressional Election

Explanation:

Answer:

1847 Congressional election.

Explanation:

Explain how the spread of communism after the Vietnam war differed from u.s. strategiests' expectations

Answers

Answer:

The reason why the spread of communism after the Vietnam war differed from the strategists' expectations of the U.S. was that they wanted to prevent the spread of communism in Asia, but also to stop the communist government to settle in Vietnam to rule it.

Explanation:

The reasons behind this answer are that in the first place. The U.S. believed the communist movement was to spread communism through Asia because they believed in the "domino effect". Now, they were wrong about that, because the people wanted a revolution, not specifically communism. Also, they believed they would influence all the rest of its neighbors. When only a couple of countries followed communism. So, their theories were completely wrong. And their strategists' expectations failed because they only strengthened the sentiment of liberty seek in Vietnamese people.

The spread of communism after the Vietnam war varied from the U.S. expert's expectations because it did not spread in Laos and Cambodia.

The Vietnam war

The United States presented the Domino effect to show the spread of Communism in Asia.

The theory declared that if one country came under communism, then the surrounding countries will become as well.

Unfortunately, the Vietnam War differed from American expectations because it did not spread to other countries.

Laos and Cambodia remain untouched by the communists.

Learn more about the Vietnam war here:

brainly.com/question/182779

3. What role did Sacajawea play in the Lewis and Clark expedition?

Answers

Answer:

She was instrumental in the Lewis & Clark Expedition as a guide as they explored the western lands of the United States. Her presence as a woman helped dispel notions to the Native tribes that they were coming to conquer and confirmed the peacefulness of their mission.

Sacajawea lead the way threw the newly bought land aka the louisiana purchase.

Explanation:

i have a grate teacher or used to you know....

Who was the property of the landowner during the Middle Ages?

A. villein
B. vassal
C. barbarian
D. serf

Answers

Answer:

The serfs were the property of the landowners.

Explanation:

So my answer is D

Hope this helpsBrainliest plzAsk if wrong
i think its d hope this helps , have a nice day!!

After 100 CE, military commanders began challenging emperors hoping to become emperors themselves. These emperors cared less about the opinions of the people and the senate, and focused primarily on the military.
true
false

Answers

Answer:

True

Explanation:

True..................

The main part of a political party is to help members

Answers

A political party platform or program is a formal set of principal goals which are supported by a political party or individual candidate, in order to appeal to the general public, for the ultimate purpose of garnering the general public's support and votes about complicated topics or issues.

How does Kennedy offer a solution to this conflict?​

Answers

Answer:

i wish i knew

Explanation:

if you tell me the conflict i could edit my answer

Lincoln, through the Emancipation Proclamation, only freed slaves in areas he had jurisdiction over.

Group of answer choices
true or false

Answers

i think its true dmi if i sound dumb

Answer:

True

Explanation: Because the Proclamation only gave Lincoln administration legal basis to be able to free slaves. In areas of the South, that still  were on the rebellion . Effectively destroyed slavery, the Union armies advanced south and were able to conquer the entire Confederacy.   And also because he did not have much power to end slavery throughout the United States>  

Compare and contrast the economies of the North and South. Explain why the demand for enslaved laborers was different in each region.

Answers

Answer:

The South valued slaves more because they used them as workers in farming and agriculture.The South had a lot of fertile land which they used to their advantage in the cotton and tobacco industry. The north was more abolitionist and supportive of getting rid of slavery while the stubborn South wanted to keep their ways of life in place. They (the North) focused on becoming more modern and industrialized and more city-like. The North expanded their economy and built more factories and job opportunities, while the South focused on farming.

Explanation:

That would be my answer.

A major volcanic eruption

always makes the climate warmer
always makes the climate cooler
sometimes makes the climate warmer
sometimes makes the climate cooler

Answers

Answer:

Always makes the climate cooler

Explanation:

The ash from the volcanic eruption covers the sky for several months and doesn't allow lots of sunlight in, cooling the earth. These major can be seen by the volcanic eruption during 536 C.E.

What were three advantages the North had in the Civil War?

a. It was fighting most battles on home ground.
b. It had a greater number of soldiers.
c. It had more highly skilled military leaders.
d. It had a stronger navy.
e. It had a better network of railroads.

Answers

Answer:

b. It had a larger number of soldiers.

c. It had a stronger navy.

e. It had a better network of railroads.

Explanation:

Why it is not A or C.

Most of the battles (except for a couple), were fought on the Southern home field. This allowed for easier transportation for the South (as they were fairly agriculture and had little to no up-to-date transportation), but with Northern advancement, it lead to a detriment in the destruction of their few transportation routes.

Also, many well-known military leaders resigned from the U.S. army, to fight for their home state. These include but are not limited too Stonewall Jackson, Robert E. Lee, and many others. They trained together with many of their Northern compatriots, and knew each other quite well.

~

Answer:

The answer is B.) It had a greater number of soldiers  D.) It had a stronger navy  E.) It had a better network of railroads

Explanation:

I took the test and got it right.

The 14th amendment was part of a series of laws that

Answers

Answer:

Gave formerly enslaved African Americans freedom and human rights such as Life, Liberty, and the Pursuit of Happiness. (The series of laws was the 13th, 14th, and 15th amendments along with a few other laws and policies).

what was the issue that prompted the proposal of the 26 amendment

Answers

Answer:

On December 21, 1970, the Supreme Court decided that the legislature had without a doubt exceeded its authoritative limits in bringing down the democratic age. Dreading mass disarray over who could cast a ballot in the 1972 election, Congress immediately moved to pass the 26th Amendment

The issue would've been The legal age you must be in order to vote or participate In military drafting

The Twenty-Sixth Amendment, 1970

  "The right of citizens of the Untied States, who are eighteen years of age or older, to vote shall not be denied or abridged by the United States or by any State on account of age."

 Lowered the voting age from 21 to 18

The Vietnam War

 The military draft

Extending The Voting Rights Act of 1965

  Oregon appealed to the Supreme Court

Explanation:

my E-notes!!!

when did the Muslim Empire begin

Answers

Answer:

the seventh century

Explanation:

i hope that this helps! <3

Answer:

The seventh century

Explanation:

During the seventh century, after subduing rebellions in the Arabian peninsula, Arab Muslim armies began to swiftly conquer territory in the neighboring Byzantine and Sasanian empires and beyond. Within roughly two decades, they created a massive Arab Muslim empire spanning three continents.

What was one purpose of the Civil Rights Act of 1866
A. to grant tizenship to African Americans
B. to guarantee former enslaved people the right to vote
c. to formally begin Reconstruction
D. to extend amnesty to former Confederates

Answers

D -to extend amnesty for former Confederates

All of the following shaped U.S. public opinion about the Vietnam war except:
A Growing number of casualties
B Being told the war was winnable, but seeing kaos on television
C Anti-war protests throughout the country
D All of the above shaped public opinion

Answers

Answer:

should be a

Explanation:

a is the only fact

Answer:

a

Explanation:

a is the only fact

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