Can someone explain what is income tax?

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  • Can someone explain what is income tax?


Answer #1 | 22/12 2013 20:11
i hate it when people answer a question but don't really put the answer ;p
Positive: 51 %
Answer #2 | 22/12 2013 20:15
It is just as it says. A tax on income.
Positive: 45 %
Answer #3 | 22/12 2013 22:43
Tax on the income that you get. Lets say you make a salary of 50,000 a year, the government will tax you on some of that money.
Positive: 25 %

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The income tax payable by individuals can be reduced if everyone pays ... ARTRIGHT recommends that users try this method of income tax filing as ...
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Positive: 51 %
See the Questions and Answers about the Net Investment Income Tax at the ... When no other word will do, explain ... A wall of text can look ...
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Positive: 46 %
What is Earned Income? ... There are two ways to get earned income: You work for someone who ... You can elect to have your nontaxable combat ...
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Positive: 32 %
Income Tax is a tax you pay on your income. You don’t have to pay tax on all types of ... This is the amount of income you can have before you pay tax.
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Positive: 9 %

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