Notice: Payments for answers will end 4/10/2017. Click for more info.
You have new items in your feed. Click to view.
Question and answer
Q: In which of the following situations would someone have to pay a gift tax? A. A relative dies and leaves you $13,000 in the will. B. Your cousin gives you a car worth $1,700. C. Your
grandmother gives you $13,000 toward college. D. Your cousin gets a job paying $32,000 a year.
A: A. A relative dies and leaves you $13,000 in the will. refer to the website:
Get an answer
Original conversation
User: In which of the following situations would someone have to pay a gift tax? A. A relative dies and leaves you $13,000 in the will. B. Your cousin gives you a car worth $1,700. C. Your grandmother gives you $13,000 toward college. D. Your cousin gets a job paying $32,000 a year.

Weegy: A. A relative dies and leaves you $13,000 in the will. refer to the website:
latefisher|Points 3420|

User: Joanie takes out a loan from a finance company in order to buy a new car. The following table shows the terms of the loan. What would happen if Joanie put the same amount of money in her savings account, at 2 percent interest, for 48 months? A. She would save the same amount of money that she spends on the loan B. She would earn less from her savings account than she spends on the loan. C. She would earn more from her savings account than she paid on the loan. D. She would owe more on her car and would not pay off the loan.

Weegy: The answer is C.
vcj2028|Points 371|

User: What happens to the percentage of an income that is taxed when income rises and the tax is a proportional one? A. The percentage of tax falls. B. The percentage of tax rises. C. The percentage rises and then falls. D. The percentage of tax stays the same.

Weegy: In the given scenario, income and tax are proportional to each, therefore, if generated income rises that tax rises as well but therefore net income after tax decreases. For instance, Year 1 generated income is 10,000 and tax charges is 20%, and on year 2 generated income is 20,000 and tax charge is 40%. Income after tax for Year 1 is 8,000 and for year 12,000. Hence, proportional increases in income and tax will cause the net income after tax to decrease.



User: What is the main source of tax revenue for local governments? A. inheritance taxes B. income taxes C. property taxes D. sales taxes

Question
Asked 2/11/2013 12:15:40 PM
0 Answers/Comments
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
26,440,508 questions answered
Popular Conversations
What is the solution to the proportion? n/18 = 5/9 A. n = 2.5 B. n ...
Weegy: n/18 = 5/9; 9n = 5 * 18 9n = 90 n = 90/9 n = 10
10/12/2017 10:59:55 AM| 8 Answers
Which of the following has kinetic energy? a. a rock poised for a ...
Weegy: A bow that is drawn back by an archer. B. Has kinetic energy.
10/10/2017 2:00:05 PM| 3 Answers
In which one of the following sentences is a word misspelled? ...
Weegy: The sentence with a spelling mistake is: User: Which of the following is an example of an imperative sentence? ...
10/9/2017 8:45:54 AM| 2 Answers
Which of the following about the double-exposition concerto form is ...
Weegy: The development avoids the tonic is TRUE about the double-exposition concerto form. User: The first section ...
10/9/2017 11:33:19 AM| 2 Answers
In which sentence is the underlined phrase an adjective ...
Weegy: The sentence with an adjective clause is: User: . In which sentence is the underlined clause an adjective ...
10/10/2017 11:55:36 AM| 2 Answers
What country is John Hus from?
10/11/2017 11:05:31 AM| 2 Answers
The two infinitive functions are adjectives and noun. true or faslse
Weegy: The two infinitive functions are adjectives and noun. TRUE.
10/11/2017 11:35:51 AM| 2 Answers
Weegy Stuff
S
P
P
L
P
P
P
Points 137 [Total 2029] Ratings 11 Comments 27 Invitations 0 Online
S
P
L
Points 97 [Total 119] Ratings 0 Comments 97 Invitations 0 Offline
S
Points 63 [Total 63] Ratings 4 Comments 23 Invitations 0 Offline
S
Points 2 [Total 2] Ratings 0 Comments 2 Invitations 0 Offline
S
Points 2 [Total 2] Ratings 0 Comments 2 Invitations 0 Offline
S
Points 1 [Total 1] Ratings 0 Comments 1 Invitations 0 Offline
S
Points 1 [Total 1] Ratings 0 Comments 1 Invitations 0 Offline
S
Points 1 [Total 1] Ratings 0 Comments 1 Invitations 0 Offline
S
L
Points 1 [Total 100] Ratings 0 Comments 1 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.