write different types of taxes given by french people_/\_
Answers
Answer:
Peasants paid a tax called tithes to the church. The third estate paid a direct tax called taille. In direct tax on salt and tobacco were also levied.
Feudal dues were extracted from the peasants. The Church too extracted its share of taxes called tithes from the peasants, and finally, all members of the third estate had to pay taxes to the state. These included a direct tax, called taille, and a number of indirect taxes which were levied on articles of everyday consumption like salt or tobacco. The burden of financing activities of the state through taxes was borne by the third estate alone.
Answer:
Just because tax season is definitely over doesn’t mean that you should be siting idly by waiting for next spring to come around. There is plenty of information out there you can use to equip yourself for the coming tax season, and all of the time in the world to do it. You go about your every day life and probably don’t even realize that taxes, in general, are everywhere you turn.
Knowledge is power, so we at France Law Firm are here to help explain some different types of taxes, what they’re applied to, and how they affect your wallet:
Taxes on Income
Income tax: These taxes are applied by the federal government, as well as 43 states and many local municipalities. Income taxes are applied to not just personal revenue, but business revenue and interest income as well. Ever heard of a tax bracket? These apply to income taxes and are usually progressive. What this means is that your rate of taxation increases with your income. It is through income taxes that you may hear of people trying to decrease the amount taxed with credits, deductions, and allowances.
Payroll tax: These taxes are subtracted from a workers’ paychecks every pay period. Employers are mandated by the government to match the amount deducted. Workers are taxed 7.65 percent of their income. This income is divided by Social Security (6.2 percent) and Medicare (1.45 percent).
Capital gains tax: These are what is paid on profits as a result of selling something, and are usually used in the world of stock and bond transactions. Not only that, but capital gains taxes can be applied to the sale of real estate.
Estate tax: These were created to prevent tax-free wealth to occur within the United States’ wealthiest families. It is applied when property is transferred after the previous owner’s death.
Inheritance tax: An inheritance tax is a form of estate tax that is imposed by the state itself rather than the federal government.
Gift tax: Rather than after a death has occurred, a gift tax is levied on a transfer of wealth during a person’s lifetime, once the amount exceeds $14,000.