English Deutsch Français Italiano Español Português 繁體中文 Bahasa Indonesia Tiếng Việt ภาษาไทย
All categories

government taxes

2006-12-09 02:44:13 · 2 answers · asked by owen o 1 in Business & Finance Taxes United States

2 answers

Because the tax, as a percentage of gross income, is higher for lower income people. For example, taxes paid of $100 represent 1% of a gross income of $10,000 and only 0.1% of a gross income of $100,000.

2006-12-09 04:32:02 · answer #1 · answered by Dirk M 2 · 1 0

Because the poor and middle class spend more of their income, percentage wise, on items subject to these taxes than the rich do.

2006-12-09 11:44:43 · answer #2 · answered by waggy_33 6 · 2 0

fedest.com, questions and answers