What is the largest single category of federal spending 2007?
2007 total military budget U.S. Military Budget – DoD Base Spending: The U.S. Department of Defense (DoD) has the single largest budget of any government agency in the discretionary budget.
What percentage of the US budget goes to military?
The U.S. defense budget (excluding spending for the wars in Iraq and Afghanistan, Homeland Security, and Veteran’s Affairs) is around 4% of GDP. Adding these other costs places defense and homeland security spending between 5% and 6% of GDP.
Can you file 2020 taxes if you have no income?
Any year you have minimal or no income, you may be able to skip filing your tax return and the related paperwork. However, it’s perfectly legal to file a tax return showing zero income, and this might be a good idea for a number of reasons.
Is 7 cents a dollar tax?
Base State Retail Sales Tax Base retail sales tax is set at a certain number of cents per every dollar spent in a retail transaction, and the rates vary widely. Only California as a base sales tax above 8 cents per dollar.
What is the sale price of a $15 shirt that is 20% off?
12 dollars
What is the tax on a $50 pair of shoes if the tax rate is 6?
Step-by-step explanation: If the tax rate is 6%, we need to find 6% of $50. 6% is equal to 0.06 so we can find the answer by multiplying 0.06 and 50.
What is 8% tax on a $50 grocery bill?
Now we can multiply: 0.08 times 50 equals 4.00. So the sales tax is $4.00. Another way to say this is that 8% of $50.00 is $4.00.
What is the tax when you buy something?
The tax rate charged will vary across California and depends upon where the item is bought, or will be used. The statewide sales and use tax rate in California is currently 7.25 percent, but in many areas, voters approved district taxes to fund local or regional projects and services.
What part of salary is taxable?
Here are the fully taxable income components: Basic Salary: the monthly compensation paid as salary, bonuses or commissions. City Compensatory Allowance: paid to offset the high cost of living in metro areas, the CCA is fully taxable as income to the employee. Incentives: reimbursement of personal expenses.