Chapter 01 - Taxes and Taxing Jurisdictions
Chapter 1 Taxes and Taxing Jurisdictions
Questions and Problems for Discussion
To the extent that the decline in exterior maintenance reduces the value of Mr. Ps apartment
complex, he bears the incidence of t
Chapter 02 - Policy Standards for a Good Tax
Chapter 2 Policy Standards for a Good Tax
a. Next years revenue will be $880,000 ($8,000,000 base 11%).
b. Next years revenue will be $1,023,000 ($9,300,000 base 11%).
Next years r
Chapter 04 - Maxims of Income Tax Planning
Chapter 4 Maxims of Income Tax Planning
a. Tax liability $7,245; marginal rate 15%; average rate 15%.
b. Tax liability $209,372; marginal rate 34%; average rate 34%.
Tax liability $5,53