WGU C237 Tax 1
Western Governors University
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WGU C237 Tax 1 2019 version, Exam Questions and answers, 100% Accurate, VERIFIED 2024
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--19October 20232023/2024A+Available in bundle
- Two components of the tax calculation - tax base multiplied by the tax rate 
Characteristics of a "Tax" - >Payment required - NOT VOLUNTARY 
>Payment imposed by government agency (federal, state, local) 
>Payment not tied directly to benefit received by the taxpayer 
16th Amendment - removed all doubt that a federal income tax was allowed under the U.S. 
Constitution 
Horizontal equity - taxpayers in similar situations pay the same tax 
vertical equity - taxpayers in different situati...
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