Question: Each week, you will be asked to respond to the prompt or prompts in the discussion forum. Your initial post should be 75-150 words in length, and is due on Sunday. By Tuesday, you should respond to two additional posts from your peers.
Taxes
Taxes are part of all our lives. In this discussion you have the opportunity to look at one particular type of tax. Choose between finding property tax, sales tax or income tax. Share your thoughts on paying taxes and post your answers to one of the three questions listed below.
Calculating Property Tax
Go to the given attached website. What would be the county tax on a property in Dorchester subdivision assessed at $240,000? In Allegany subdivision, what would be the difference in county property tax on a $400,000 property in Barton and one in Frostburg?
Calculating Sales Tax
Go to the given attached website. It's August and you need to buy school clothes and supplies for your five children. You live in the northwestern corner of Connecticut, within easy driving distance of both Massachusetts and New York State. What would the sales tax in each state be on a total of $830 worth of purchases? If shopping outside the state would cost around $20 in gas, in which state would this shopping trip cost the least?
Calculating Income Tax: Married Couple
Go to the given attached website. The 2010 tax tables (or current year) will come up as a pdf file. What is the tax for a head of household with a taxable income of $31,430? How much tax would a married couple filing jointly pay on $66,980? What about if they filed separately?
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W7 Discussion Options Menu: Forum
Each week, you will be asked to respond to the prompt or prompts in the discussion forum. Your initial post should be 75-150 words in length, and is due on Sunday. By Tuesday, you should respond to two additional posts from your peers.
Consumer Credit
Our discussion for this week looks deceptively simple, but it is really complex. You have a young friend who has never had credit. This person does not really want credit and is doing fine paying cash for everything. However, there is a problem: your friend wants to get a home mortgage in two years. Devise a strategy for your friend of sensibly building consumer credit for a mortgage lender to evaluate.
Information related to above question is enclosed below:
Attachment:- Info.rar