Question

Paying taxes. In April 2014, a Gallup Poll asked two questions about the amount one pays...

Paying taxes. In April 2014, a Gallup Poll asked two questions about the amount one pays in federal income taxes. Here are the two questions:

Question A: Do you regard the income tax which you will have to pay this year as fair?

Question B: Do you consider the amount of federal income tax you have to pay as too high, about right, or too low?

One of these questions drew 52% saying the amount was fair or about right; the other, only 41%. Which wording produced the higher percentage?

Homework Answers

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
q 1. Liquidity refers to Select one: a. the ease of converting a financial resource into...
q 1. Liquidity refers to Select one: a. the ease of converting a financial resource into cash without a loss in value. b. the amount of insurance coverage a person has. c. a positive net cash flow to cover unexpected expenses. d. a person's inability to pay his or her debt or other obligations. Question 2 Balance sheet assets should be valued at Select one: a. insured value. b. fair market value. c. original purchase price. d. replacement value. Question...
The Millers, a family of four (with two young child) filing a joint tax return, had...
The Millers, a family of four (with two young child) filing a joint tax return, had the following information to prepare their federal income tax return for 2019: Total Income                                                        $110,000 State and local income taxes                                $6,000 Property tax                                                          $6,000 Home mortgage interest                                       $14,000 Contribution to charities                                       $4,000 Interest on student loans                                       $2,000 Contribution to their 401(k) retirement account: $10,000 For tax year 2019: Standard deduction for a married couple: $24,000; Child tax...
Answer the following questions: 41.- Kathryn Holmes cumulative earnings are $45,000 and her gross pay for...
Answer the following questions: 41.- Kathryn Holmes cumulative earnings are $45,000 and her gross pay for the week is $500 if the FICA rates are Social Security 6.2% on a limit Security and FICA-Medicare taxes for the week? a) $31.00 $7.25 b) $310.00 $72.50 c) $3.10 $0.73 d) $25.50   $8.00 42.- The balance in the Salaries and Wages Payable account is equal to net pay True False 43.- The Federal Unemployment Tax is a) paid by the employer b) paid...
The estate tax in the United States is a progressive tax on the estate of a...
The estate tax in the United States is a progressive tax on the estate of a deceased person before their property (real estate, stocks and bonds, business interests, etc.) is transferred to their heirs. In 1906, President Theodore Roosevelt proposed a federal estate tax, saying, "The man of great wealth owes a particular obligation to the State because he derives special advantages from the mere existence of government." The estate tax was passed in the Emergency Revenue Act of 1916...
***I do not need any of the figures, calculations or forums done, I am in need...
***I do not need any of the figures, calculations or forums done, I am in need of help for the written part of Week 7: Final Submission. I am very weak when it comes to writing and could use some guidance. Below I will list the 3 situations for your help. Thanks! Week 7: Final Submission Recommendations This week you will resubmit the updated tax preparation forms based on your manager’s (instructor’s) feedback. Along with this documentation, you will submit...
Team 5 answer the questions What are 4 key things you learned about the topic from...
Team 5 answer the questions What are 4 key things you learned about the topic from reading their paper? How does the topic relate to you and your current or past job? Critique the paper in terms of the organization and quality. Incentive Systems             In this paper, we will focus primarily on financial rewards that companies use to attract, retain and motivate the brightest and most talented candidates in the labor market. By providing a reward system that...
Lance H. and Wanda B. Dean are married and live at 431 Yucca Drive, Santa Fe,...
Lance H. and Wanda B. Dean are married and live at 431 Yucca Drive, Santa Fe, NM 87501. Lance works for the convention bureau of the local Chamber of Commerce, while Wanda is employed part-time as a paralegal for a law firm. During 2016, the Deans had the following receipts: Salaries ($60,000 for Lance, $41,000 for Wanda) $101,000 Interest income—    City of Albuquerque general purpose bonds $1,000    Ford Motor company bonds 1,100    Ally Bank certificate of deposit 400 2,500 Child...
What is Medicare Part C? Provides the aged with home health care Provides the aged with...
What is Medicare Part C? Provides the aged with home health care Provides the aged with prescription drugs Enables low-income aged to participate in Medicaid Provides a voluntary managed care option for the aged How is Medicaid financed? It is financed entirely by the federal government. It is financed entirely by the state. States receive the same percentage of federal support. States with lower per capita incomes receive a greater percentage of federal support If a healthcare system is "free"...
Please read the article and answear about questions. Determining the Value of the Business After you...
Please read the article and answear about questions. Determining the Value of the Business After you have completed a thorough and exacting investigation, you need to analyze all the infor- mation you have gathered. This is the time to consult with your business, financial, and legal advis- ers to arrive at an estimate of the value of the business. Outside advisers are impartial and are more likely to see the bad things about the business than are you. You should...
step by step solution for the below question please Flag this Question Question 11 pts What...
step by step solution for the below question please Flag this Question Question 11 pts What is the difference between positive economics and normative economics? Group of answer choices Positive economics deals with dynamic systems, while normative economics focuses on static systems. Normative economics deals with how the world actually works, whereas positive economics focuses on what people ought to do. Positive economics requires making value judgments, while normative economics relies solely on factual statements. Normative economics applies in cases...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT