income of individuals

It may also be used to prevent too great a difference in the net income of individuals.

The average income of individuals in the bottom fifth rose by $25,322, even after adjustment for inflation.

Co. for the proposition that income of individuals cannot be taxed.

Many jurisdictions tax the income of individuals and business entities, including corporations.

As a result of all these, the per capita income of individuals has gone up nowadays.

Real income is the income of individuals or nations after adjusting for inflation.

A normal tax and a surtax were levied against the net income of individuals as shown in the following table.

Taxes are imposed on net income of individuals and corporations by the federal, most state, and some local governments.

Iowa imposes taxes on net state income of individuals, estates, and trusts.

The following table summarizes the taxation of local and foreign income of individuals, depending on their residence or citizenship in the country.

Forty-three states impose a tax on the income of individuals, sometimes referred to as personal income tax.

State income tax is imposed at a fixed or graduated rate on the taxable income of individuals, corporations, and certain estates and trusts.

Simply adding up the money incomes of individuals in order to get a measure of their total incomes ignores questions of the distribution of income.

One argument repeatedly made by tax protesters is that the income of individuals is not taxable because income should mean only "corporate profits" or "corporate gain".

The United States is the only country in the world which taxes based on citizenship rather than residency, on worldwide income of individuals, in the same manner as residents.

National income, measured by statistics such as the Net National Income (NNI), measures the total income of individuals, corporations, and government in the economy.

Canada levies personal income tax on the worldwide income of individuals resident in Canada and on certain types of Canadian-source income earned by non-resident individuals.

The major tax enactment in India is the Income Tax Act of 1961 passed by the Parliament, which imposes a tax on income of individuals and corporations.

Fiscal incidence is a concept within public finance, a sub-discipline within economics, that refers to the combined overall economic impact of both government taxation and expenditures on the real economic income of individuals.

Deficits add to the net disposable income of individuals, to the extent that Government disbursements that constitute income to recipients exceed that abstracted from disposable income in taxes, fees and other charges.

Adjustments: (usually reductions) to gross income of individuals are made for alimony paid, contributions to many types of retirement or health savings plans, certain student loan interest, half of self-employment tax, and a few other items.

But in addition it was analytically difficult to take the step from the incomes of individuals, the immediate source of which was rather obvious, to a consideration of the incomes of groups, social classes and nations.

Although some tax protesters cite this case for an argument about the constitutional definition of income as excluding income of individuals, no issues involving the constitutional definition of income, or of income under any other tax statutes, were presented to or decided by the Court.

In 1934, a municipal income tax was imposed on the income of individuals resident or doing business in Montreal and the municipalities of the Montreal Metropolitan Commission, and a similar tax was imposed on residents of Quebec City in 1939.