true or false: the amount of tax money available in any given state depends on the wealth of the citizens of that state.

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05-12-2022
Business

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true or false: the amount of tax money available in any given state depends on the wealth of the citizens of that state.

Sagot :

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Mariya251 Mariya251 · Answer 1 · 2022-12-09T15:53:17-05:00

Answer:

True, the amount of tax money available in any given state depends on the wealth of the citizens of that state.

Explanation:

Here we discuss what means Income tax.

Income Tax

A government may impose an income tax as a direct tax on the earnings of its people. Income isn't just money received in the form of a paycheck. It also includes income from rental property, corporate earnings, professional gains (such bonuses), revenue from capital gains, and "income from other sources."

To learn more about Income tax visit here:

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Income Tax

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