State whether each of the following payments is a tax. Explain your answers. a. To incorporate his
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a. To incorporate his business, Alex pays the state of Texas a $2,000 incorporation fee.
b. The city paves a road and assesses each property owner on the road $4,000 for his or her share of the cost.
c. The city of Asheville charges each residence in the city $10 per month to pick up the trash.
d. Rory pays $450 of income tax to the state of California.
e. Lanny is fined $45 for exceeding the speed limit.
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Concepts In Federal Taxation
ISBN: 9780324379556
19th Edition
Authors: Kevin E. Murphy, Mark Higgins, Tonya K. Flesher
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