Answered

Explore Westonci.ca, the top Q&A platform where your questions are answered by professionals and enthusiasts alike. Ask your questions and receive precise answers from experienced professionals across different disciplines. Our platform provides a seamless experience for finding reliable answers from a network of experienced professionals.

Who would pay more in state income taxes? Both Jamal and Diamond decide to buy a new computer at a store near their homes. The computer costs $500. Who will end up paying more?

Sagot :

Tundexi

Jamal and Diamond will not pay state income tax for the computer purchase.

State income taxes refers to tax imposed directly on income earned in a particular state. The tax rate from each state vary as well.

  • In other word, these tax are only applicable on income that workers earns while working in the state region.

  • The tax on purchase of computer by Jamal and Diamond is not called State income taxes but rather known as Stamp duties (State tax).

In conclusion, Jamal and Diamond will not pay State income tax for the purchase of the computer, rather, they will be charge Stamp duty on the purchase amount.

Learn more about State income tax here

brainly.com/question/16180101

bdominique623

Answer:

1. Jamal  2. Diamond

Explanation:

Thanks for using our service. We aim to provide the most accurate answers for all your queries. Visit us again for more insights. Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. Thank you for visiting Westonci.ca, your go-to source for reliable answers. Come back soon for more expert insights.