radomes.openskiesproject.org
tricemarvSARANA tricemarvSARANA
  • 23-01-2017
  • Social Studies
Answered

Why do you think congress has established different maximum tax rates on capital gains of individuals?

Verified Answer :

andriansp andriansp
  • 02-02-2017

I think the basic reason behind it is they have to consider the ability of individuals to sustain their living after paying taxes.
At certain level of earning, some people still have a lot of capital left after paying their taxes (which will not affect their living/ lifestyle), meanwhile this won't be the case if you're seeing the individuals in lower level of earning. So they thought is it okay to tax the rich a little bit higher.

Answer Link

Related Questions

How many branches of government are there
round to the place of 4 in 624531
How many times does the graph of $4 x=32-x^2$ cross the $x$-axis? A. 0 B. 1 C. 2
Laura researched and designed a training program to help her increase her cardiovascular fitness Unfortunately after three months she has still made no progress
are these similar triangles
Question Middle School Mathematics 5 3 pts Avatar of Grace77 All three trains just arrived at the station When will they next all arrive at the station at the s
What is the simplified form of 32 to the power of 4
Buffers are chemicals that do all of the following except A keep pH within certain limits B take up excess OH C take up excess H D allow pH to change drasticall
What is P 3qr solved for q A 3rP q B P3r q C 3rp q D P3q r
why is it important to avoid the overuse of the word i in an autobiographical piece