Answer:
total taxable income = $73,000
tax liability = $7,505
Explanation:
Clarice's ordinary income $30,000
Clarice's capital gains:
- selling of stock = $34,000 - $16,000 = $18,000
- selling of coin collection = $55,000 - $30,000 = $25,000
- total long term capital gains = $43,000
Clarice's taxable income = $73,000
Clarice's ordinary income tax rate 2011:
ordinary income = $30,000 - standard deduction $5,800 = $24,200
- 10% on taxable income from $0 to $8,500 = $850
- 15% on taxable income over $8,500 to $34,500 = $2,355
ordinary income taxes = $3,205
Clarice's capital gains tax rate 2011 = 10%
capital gains taxes = $43,000 x 10% = $4,300
total tax liability = $7,505
$15.00 .....this sentence is just filler because $15.00 is too short.
The answer in the space provided is impede because they need
to prevent the integration process of global information system in which
impeding is the process or practice that helps them to engage with the process
that involves of the GIS.
Answer:
A. Procyclical policy.
Explanation:
Procyclical policy is basically is a government approach to increase goverment spending and reduces taxes while government is going through economic expansion.
