Editing 1971: Personal Data
Warning: You are not logged in. Your IP address will be publicly visible if you make any edits. If you log in or create an account, your edits will be attributed to your username, along with other benefits.
The edit can be undone.
Please check the comparison below to verify that this is what you want to do, and then save the changes below to finish undoing the edit.
Latest revision | Your text | ||
Line 53: | Line 53: | ||
* Tax returns and payments are submitted to the government (Internal Revenue Service for federal taxes in the US). | * Tax returns and payments are submitted to the government (Internal Revenue Service for federal taxes in the US). | ||
* The amount is calculated based on income and deductions as defined by applicable tax laws. | * The amount is calculated based on income and deductions as defined by applicable tax laws. | ||
β | * How much they | + | * How much they incentivise is defined by the government's budget, which is renewed periodically. |
* How the economy is doing does have some impact on how the budget is planned. | * How the economy is doing does have some impact on how the budget is planned. | ||
* Stock prices may have an impact on a person's reported income, but this is not a major concern for most people, as it is unlikely that they receive much of their income from stocks. | * Stock prices may have an impact on a person's reported income, but this is not a major concern for most people, as it is unlikely that they receive much of their income from stocks. |