course work
What are the three aspects that together define “consumer financing” according to Jaspreet? (Hint: “Consumer financing” is a terrible thing.)
Question 215 pt
Situation A: You & two kids, living in NC, and you’re making $48,000/year, and paying $600/month for health insurance for the family plan. (The 5.75% state income tax takes into account other kinds of state fees, which is why it isn’t 5.25%.)
Your job income (salary) $48,000
Pay Frequency monthly
File Status Head of Household
# Children under 17 2
# Other Dependents 1
Other income (non-job) $0
Pre-Tax Deductions $7,200
Other Deductions $0
Itemized Deductions $0
Has 2nd, 3rd job income? $0
State income tax rate 5.75%
City income tax rate 0%
Self-employed or contractor? no
Final Paycheck: answer?
Situation B: Identical to A except now you’re legally married someone earning $24,000 per year.
Your job income (salary) $72,000
Pay Frequency monthly
File Status Filing Jointly
# Children under 17 2
# Other Dependents 2
Other income (non-job) $0
Pre-Tax Deductions $7,200
Other Deductions $0
Itemized Deductions $0
Has 2nd, 3rd job income? $0
State income tax rate 5.75%
City income tax rate 0%
Self-employed or contractor? no
Final Paycheck: answer?
Part C: So by marrying someone who makes $24,000 per year, or $2,000 per month, and nothing else changes, how much did the household monthly take-home pay increase?
Question 3 6 pts
Where are the places to get your taxes dones for free that both articles mention? (Caution, one of these will offer to charge you money in order to give you a same-day check, and the other two don’t make similar offers.)
Question 4 5 pts
Are the state income taxes in North Carolina progressive or regressive? Explain your answer.
Question 55 pts
How does the current top federal income tax rate compare to history? More specifically, is that rate now higher or lower than our historical average?
Question 66 pts
John Oliver: “In 2016, nearly two-thirds of the profits made by American multinationals outside the U.S. were booked in just six low or zero tax countries.” What were those six countries?
Question 75 pts
Assume you want to graduate and start your career somewhere other than Winston-Salem. Where would you choose, and how much would you have to earn there in order to earn the equivalent of $50,000 in Winston-Salem?
Flag question: Question 8
Question 87 pts
Which is the better form of personal bankruptcy to claim, if you qualify, and which is the worse? Also, what are the three mentioned debts which bankruptcy can’t erase?
Question 95 pts
If B had changed television and phone plans, and begun denying financial help to relatives, she still would have had to declare bankruptcy. There’s a clue in the story as to what it was. What was it?
Question 100 pts
I don’t quiz the “Personal Advice” items.
Question 115 pts
In words a typical 8th-grader would understand, describe the difference between an eviction ban and a foreclosure moratorium.
Question 126 pts
There are many different topics on which the Democratic Party and the Republican Party disagree, and how do they generally disagree in North Carolina when it comes to unemployment benefits?
13.Question 135 pts
What does the “Fresh” of “Fresh EBT” stand for or mean?
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14.0Question 144 pts
If you have 5 people in your household and the household income is $41,284, you qualify for Medicaid (unless the household makes even $1 more). Is that $41,284 the number before or after income taxes?
