Question: QUESTION 21 billion. 21. (3e) Focusing on the tax cut of 2002-2003, the personal current tax receipts for 2005, two years after the tax cut

tax cut is $ QUESTION 22 billion." 22. (38) Focusing on the

tax cut of 2002-2003, the personal current tax receipts for 2006, three

QUESTION 21 billion." 21. (3e) Focusing on the tax cut of 2002-2003, the personal current tax receipts for 2005, two years after the tax cut is $ QUESTION 22 billion." 22. (38) Focusing on the tax cut of 2002-2003, the personal current tax receipts for 2006, three years after the tax cut is $ QUESTION 23 billion." 23. (39) Focusing on the tax cut of 2002-2003, the personal current tax receipts for 2007, four years after the tax cut is $ QUESTION 24 24. (3h) Focusing on the tax cut of 2002-2003, did the personal current tax receipts recover from the tax cut within three years?" YES NO 2002 2003 2004 2005 2006 2007 Line Line 1 2 3 4 5 6 7 1.3 8 Current receipts Current tax receipts Personal current taxes1 Taxes on production and imports Excise taxes Customs duties Other Taxes on corporate income Taxes from the rest of the world Contributions for government social insurance From persons From the rest of the world Income receipts on assets Interest receipts Dividends Federal Reserve banks Other Rents and royaltiess Current transfer receipts From business From persons From the rest of the world 9 10 11 12 13 14 15 16 17 18 19 20 21 22 1,870.9 1,896.1 2,028.1 2,304.7 2,538.8 2,668.3 1,053.2 1,053.9 1.140.6 1,367.8 1,534.8 1,607.7 832.3 778.6 803.0 937.2 1,055.8 1,170.9 86.8 90.2 95.3 99.4 99.2 94.6 65.9 67.7 70.9 72.7 71.5 64.8 19.9 21.5 23.3 25.3 26.7 28.8 1.0 1.1 1.0 1.1 1.1 126.0 175.8 232.2 319.5 366.0 328.2 8.1 9.2 10.1 11.7 13.7 13.9 739.4 763.3 809.0 853.4 905.7 947.3 735.7 759.4 804.6 848.7 901.1 942.6 3.8 3.9 4.4 4.7 4.6 46.5 46.1 43.8 48.8 58.3 68.6 15.5 17.1 17.0 17.5 19.1 22.6 24.5 22.0 18.1 21.7 29.3 34.8 24.5 22.0 18.1 21.5 29.1 34.6 0.1 0.2 0.3 0.2 6.5 7.0 8.7 9.7 9.9 11.1 25.0 26.2 29.8 33.7 38.1 42.7 13.7 14.5 15.9 16.9 19.5 21.5 10.8 11.0 13.2 15.1 17.4 19.5 0.5 0.7 0.8 1.3 1.7 4.7 1.7 Line 873 911 677 1 Current receipts 2 Current tax receipts 3 Personal current taxes 4 Taxes on production and imports 5 Excise taxes 6 Customs duties Other Thoxes on corporate income 9 Taxes from the rest of the world 10 Contributions for overnment social insurance 11 From person 12 From the rest of the world 13 income receipts on assets 14 Interest receipts 15 Dividends 16 Federal Reserve banks 17 Other 18 Rents and royalties 19 Current transfer receipts 20 From business 21 From persons 22 From the rest of the world 23 Current surplus of government enterprises? 2002 2003 2004 2005 Q1 Q2 Q3 Q4 Q1 Q2 93 04 01 Q2 Q3 04 Q1 Q2 Q3 04 1.865.6 1,868.0 1.869.8 1.880.1 1.889.8 1.912.7 1.840.2 1941.8 1.9521 2003.5 2,0628 2,094.0 2.242.8 2.272.0 2.316.7 2.387.3 1.055.6 10518 1.0479 1,057.5 1,062.9. 1,074,6 994.7 1,083.2 1,0862 1.122.2 1,165,5 1,188.5 13263 1,343:3 1:3749 1.426.8 3478 8367 825.3 819.6 8035 812.9 7165 781.6 7732 7924 8167 629.8 9029 925.8 9495 9706 847 873 88.0 90.1 900 89.6 941 948 95.9 96.2 972 1014 1003 982 64.8 66.5 65.4 65.7 674 671 60.7 707 708 714 709 70.9 747 734 719 18.9 19,8 20,6 20.5 212 21.3 21.5 214 224 23.0 23.5 242 250 254 25.5 25.4 10 10 1.0 10 1.1 1.1 11 10 10 1.0 10 12 13 14 14 1155 119.9 126.5 1420 161.5 160.0 1003 2004 2002 3260 2445 249 2 3153 301 311 344 7.6 BO 3.1 8.7 20 100 83 10.1 9.6 9.0 13.3 10.0 100 11.1 12.9 7320 7399 7420 743,8 7491 7586 76727782 700.000358184 8240 0374 3460 859,1 0704 728.2 736.1 738.3 740.1 745.3 754.7 7633 7741 285.8799.1 8140 319.5 3327 5413 3551 865.0 3,8 38 3.8 3.8 3.8 39 39 41 4.2 4.4 45 45 4,7 47 4,6 48.0 46.9 46,3 448 46.3 46,3 41.9 42.7 16.8 45.5 480 492 527 16.0 15.1 15:4 15.6 153 17.1 174 183 16.2 123 173 173 175 173 178 25,3 243 23.1 23.8 214 20.1 17.2 17.2 19.9 18.7 200 219 253 25,3 25.3 243 23.1 23.8 228 20.1 17.2 172 18.1 198 206 216 25 -- 00 0.0 01 02 0.2 02 03 03 6.7 6.4 6,6 62 57 7.1 7.2 30 80 8.7 B4 95 94 9,6 100 96 26.1 24.9 24.2 247 25.5 25.7 259 27.8 285 29.6 30.5 314 33.6 32.9 37,0 149 13.8 12.9 133 143 143 145 14.8 155 159 170 170 177 109 108 10.7 10.6 20,7 10,8 11.1 11.6 125 13.4 13.8 147 15.0 15.5 0.3 0.5 0.6 0.8 0.5 0.6 0.3 1.4 05 0.7 0.9 11 10 1.6 0.7 3.8 4.1 4.6 94 9.2 74 6.7 60 63 56 55 4.4 39 2.2 1.2 00 04 449 470 16.5 253 228 182 214 185 308 160 162 157 13.0 150 Line 713 278 9409 1 Current receipts 12 Current tax receipts Personal current taxes 9 Taxes on production and imports 5 Excise taxes Customs duties Other B Taxes on corporate income Taxes from the rest of the world 10 Contributions for government social insurance 11 From persons 12 From the rest of the world 13 Income receipts on assets Interest receipts 15 Dividends 16 Federal Reserve banks 17 Other 18 Rents and royalties 119 Current transfer receipts 20 From business 21 From persons 22 From the rest of the world 23 Current surplus of government enterprises 2004 2005 2006 2007 Q1 Q2 Q3 04 Q1 Q2 Q3 04 91 92 93 94 Q1 02 03 04 1,952.1 2.003.5 20628 2,0940 2.242.8 2.272.0 2,3167 2.387 3 2482.9 2.518.5 2.562.9 2.590.9 2.6595 25742 2.6667 2.672.9 1.0862 1.1222 1.1655 1,188.5 1.3263 1,343.3 13749 1.426.8 1.4925 1516.9 1557.7 1569.9 1.606.5 1.619.1 1.6022 16028 773.2 7924 8167 829.8 902.9 925.8 949.5 970:6 1.025.5 1.041.2 1,060.9 1.095 8 11460 1.163.9 1.179.3 1.1944 9:41 94.8 95.9 96.2 972 1014 1003 98.7 99.1 995 100 2 98.1 939 93.7 95.4 955 70.7 70.8 714 70.9 70.9 747 734 71.9 720 712 714 644 644 653 649 224 23.0 23.5 24.2 25.0 25.4 255 25.4 25.9 27.2 25.9 284 282 29.0 29.5 1.0 10 10 12 23 14 14 13 12 1.1 10 10 1.1 1.1 11 11 2092 2260 2445 249.2 315,3306. 1 311.9 3-44.7 3572 9673 3848 354.6 3545 347.7 3146 2962 96 9.0 8.5 1313 10.9 1000 13.1 12.9 10.6 11.0 11.8 214 12.1 13.7 13.0 167 790.0 8035 8184 82408374 3460 859 8 8704 895.1 9008 906.2 920.6 9431 946.7 9584 785.3 799.1 8140 819.5 832.7 8413 8551 865.8 890.4 8962 901.6 916.1 9363 9384 9420 9507 4.2 44 45 45 47 4,7 4.7 4.6 46 46 46 46 47 47 47 41.9 427 43.9 46.8 455 49.0 49.2 527 552 586 70.1 689 69.5 65.7 16.7 168 173 17.3 173 17.5 173 178 178 18.5 19.3 207 218 223 23.1 228 172 172 18.2 19.9 18.7 20.9 253 26.9 29.1 310 303 38.6 365 347 29.5 17.2 17.2 18.1 19,8 185 21.6 251 266 28.9 307 300 384 362 29.3 0.0 0.0 0.1 0.2 02 0.2 03 03 0.3 03 0.3 03 02 02 0.2 012 80 8.7 8.4 9.5 9.4 9.6 100 10.5 110 91 9.0 9.7 96 118 135 285 29.6 305 30.8 314 336 329 370 370 38.0 384 39.1 411 410 446 4400 155 160 162 159 157 17.0 17.0 177 18.6 19.2 19.7 204 2026 20.9 222 232 12.5 13.0 134 13,8 147 150 15.3 155 16.8 17.1 175 180 19.1 19.5 19,7 198 0.5 0.7 0.9 11 10 16 0.7 3.8 12 08 14 06 3.7 11 5.6 5.5 44 3.9 22 12 00 04 31 21 12 11 OR 22 3.6 19 594 600 219 20,6 1.2 QUESTION 21 billion." 21. (3e) Focusing on the tax cut of 2002-2003, the personal current tax receipts for 2005, two years after the tax cut is $ QUESTION 22 billion." 22. (38) Focusing on the tax cut of 2002-2003, the personal current tax receipts for 2006, three years after the tax cut is $ QUESTION 23 billion." 23. (39) Focusing on the tax cut of 2002-2003, the personal current tax receipts for 2007, four years after the tax cut is $ QUESTION 24 24. (3h) Focusing on the tax cut of 2002-2003, did the personal current tax receipts recover from the tax cut within three years?" YES NO 2002 2003 2004 2005 2006 2007 Line Line 1 2 3 4 5 6 7 1.3 8 Current receipts Current tax receipts Personal current taxes1 Taxes on production and imports Excise taxes Customs duties Other Taxes on corporate income Taxes from the rest of the world Contributions for government social insurance From persons From the rest of the world Income receipts on assets Interest receipts Dividends Federal Reserve banks Other Rents and royaltiess Current transfer receipts From business From persons From the rest of the world 9 10 11 12 13 14 15 16 17 18 19 20 21 22 1,870.9 1,896.1 2,028.1 2,304.7 2,538.8 2,668.3 1,053.2 1,053.9 1.140.6 1,367.8 1,534.8 1,607.7 832.3 778.6 803.0 937.2 1,055.8 1,170.9 86.8 90.2 95.3 99.4 99.2 94.6 65.9 67.7 70.9 72.7 71.5 64.8 19.9 21.5 23.3 25.3 26.7 28.8 1.0 1.1 1.0 1.1 1.1 126.0 175.8 232.2 319.5 366.0 328.2 8.1 9.2 10.1 11.7 13.7 13.9 739.4 763.3 809.0 853.4 905.7 947.3 735.7 759.4 804.6 848.7 901.1 942.6 3.8 3.9 4.4 4.7 4.6 46.5 46.1 43.8 48.8 58.3 68.6 15.5 17.1 17.0 17.5 19.1 22.6 24.5 22.0 18.1 21.7 29.3 34.8 24.5 22.0 18.1 21.5 29.1 34.6 0.1 0.2 0.3 0.2 6.5 7.0 8.7 9.7 9.9 11.1 25.0 26.2 29.8 33.7 38.1 42.7 13.7 14.5 15.9 16.9 19.5 21.5 10.8 11.0 13.2 15.1 17.4 19.5 0.5 0.7 0.8 1.3 1.7 4.7 1.7 Line 873 911 677 1 Current receipts 2 Current tax receipts 3 Personal current taxes 4 Taxes on production and imports 5 Excise taxes 6 Customs duties Other Thoxes on corporate income 9 Taxes from the rest of the world 10 Contributions for overnment social insurance 11 From person 12 From the rest of the world 13 income receipts on assets 14 Interest receipts 15 Dividends 16 Federal Reserve banks 17 Other 18 Rents and royalties 19 Current transfer receipts 20 From business 21 From persons 22 From the rest of the world 23 Current surplus of government enterprises? 2002 2003 2004 2005 Q1 Q2 Q3 Q4 Q1 Q2 93 04 01 Q2 Q3 04 Q1 Q2 Q3 04 1.865.6 1,868.0 1.869.8 1.880.1 1.889.8 1.912.7 1.840.2 1941.8 1.9521 2003.5 2,0628 2,094.0 2.242.8 2.272.0 2.316.7 2.387.3 1.055.6 10518 1.0479 1,057.5 1,062.9. 1,074,6 994.7 1,083.2 1,0862 1.122.2 1,165,5 1,188.5 13263 1,343:3 1:3749 1.426.8 3478 8367 825.3 819.6 8035 812.9 7165 781.6 7732 7924 8167 629.8 9029 925.8 9495 9706 847 873 88.0 90.1 900 89.6 941 948 95.9 96.2 972 1014 1003 982 64.8 66.5 65.4 65.7 674 671 60.7 707 708 714 709 70.9 747 734 719 18.9 19,8 20,6 20.5 212 21.3 21.5 214 224 23.0 23.5 242 250 254 25.5 25.4 10 10 1.0 10 1.1 1.1 11 10 10 1.0 10 12 13 14 14 1155 119.9 126.5 1420 161.5 160.0 1003 2004 2002 3260 2445 249 2 3153 301 311 344 7.6 BO 3.1 8.7 20 100 83 10.1 9.6 9.0 13.3 10.0 100 11.1 12.9 7320 7399 7420 743,8 7491 7586 76727782 700.000358184 8240 0374 3460 859,1 0704 728.2 736.1 738.3 740.1 745.3 754.7 7633 7741 285.8799.1 8140 319.5 3327 5413 3551 865.0 3,8 38 3.8 3.8 3.8 39 39 41 4.2 4.4 45 45 4,7 47 4,6 48.0 46.9 46,3 448 46.3 46,3 41.9 42.7 16.8 45.5 480 492 527 16.0 15.1 15:4 15.6 153 17.1 174 183 16.2 123 173 173 175 173 178 25,3 243 23.1 23.8 214 20.1 17.2 17.2 19.9 18.7 200 219 253 25,3 25.3 243 23.1 23.8 228 20.1 17.2 172 18.1 198 206 216 25 -- 00 0.0 01 02 0.2 02 03 03 6.7 6.4 6,6 62 57 7.1 7.2 30 80 8.7 B4 95 94 9,6 100 96 26.1 24.9 24.2 247 25.5 25.7 259 27.8 285 29.6 30.5 314 33.6 32.9 37,0 149 13.8 12.9 133 143 143 145 14.8 155 159 170 170 177 109 108 10.7 10.6 20,7 10,8 11.1 11.6 125 13.4 13.8 147 15.0 15.5 0.3 0.5 0.6 0.8 0.5 0.6 0.3 1.4 05 0.7 0.9 11 10 1.6 0.7 3.8 4.1 4.6 94 9.2 74 6.7 60 63 56 55 4.4 39 2.2 1.2 00 04 449 470 16.5 253 228 182 214 185 308 160 162 157 13.0 150 Line 713 278 9409 1 Current receipts 12 Current tax receipts Personal current taxes 9 Taxes on production and imports 5 Excise taxes Customs duties Other B Taxes on corporate income Taxes from the rest of the world 10 Contributions for government social insurance 11 From persons 12 From the rest of the world 13 Income receipts on assets Interest receipts 15 Dividends 16 Federal Reserve banks 17 Other 18 Rents and royalties 119 Current transfer receipts 20 From business 21 From persons 22 From the rest of the world 23 Current surplus of government enterprises 2004 2005 2006 2007 Q1 Q2 Q3 04 Q1 Q2 Q3 04 91 92 93 94 Q1 02 03 04 1,952.1 2.003.5 20628 2,0940 2.242.8 2.272.0 2,3167 2.387 3 2482.9 2.518.5 2.562.9 2.590.9 2.6595 25742 2.6667 2.672.9 1.0862 1.1222 1.1655 1,188.5 1.3263 1,343.3 13749 1.426.8 1.4925 1516.9 1557.7 1569.9 1.606.5 1.619.1 1.6022 16028 773.2 7924 8167 829.8 902.9 925.8 949.5 970:6 1.025.5 1.041.2 1,060.9 1.095 8 11460 1.163.9 1.179.3 1.1944 9:41 94.8 95.9 96.2 972 1014 1003 98.7 99.1 995 100 2 98.1 939 93.7 95.4 955 70.7 70.8 714 70.9 70.9 747 734 71.9 720 712 714 644 644 653 649 224 23.0 23.5 24.2 25.0 25.4 255 25.4 25.9 27.2 25.9 284 282 29.0 29.5 1.0 10 10 12 23 14 14 13 12 1.1 10 10 1.1 1.1 11 11 2092 2260 2445 249.2 315,3306. 1 311.9 3-44.7 3572 9673 3848 354.6 3545 347.7 3146 2962 96 9.0 8.5 1313 10.9 1000 13.1 12.9 10.6 11.0 11.8 214 12.1 13.7 13.0 167 790.0 8035 8184 82408374 3460 859 8 8704 895.1 9008 906.2 920.6 9431 946.7 9584 785.3 799.1 8140 819.5 832.7 8413 8551 865.8 890.4 8962 901.6 916.1 9363 9384 9420 9507 4.2 44 45 45 47 4,7 4.7 4.6 46 46 46 46 47 47 47 41.9 427 43.9 46.8 455 49.0 49.2 527 552 586 70.1 689 69.5 65.7 16.7 168 173 17.3 173 17.5 173 178 178 18.5 19.3 207 218 223 23.1 228 172 172 18.2 19.9 18.7 20.9 253 26.9 29.1 310 303 38.6 365 347 29.5 17.2 17.2 18.1 19,8 185 21.6 251 266 28.9 307 300 384 362 29.3 0.0 0.0 0.1 0.2 02 0.2 03 03 0.3 03 0.3 03 02 02 0.2 012 80 8.7 8.4 9.5 9.4 9.6 100 10.5 110 91 9.0 9.7 96 118 135 285 29.6 305 30.8 314 336 329 370 370 38.0 384 39.1 411 410 446 4400 155 160 162 159 157 17.0 17.0 177 18.6 19.2 19.7 204 2026 20.9 222 232 12.5 13.0 134 13,8 147 150 15.3 155 16.8 17.1 175 180 19.1 19.5 19,7 198 0.5 0.7 0.9 11 10 16 0.7 3.8 12 08 14 06 3.7 11 5.6 5.5 44 3.9 22 12 00 04 31 21 12 11 OR 22 3.6 19 594 600 219 20,6 1.2

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

QUESTION 13 billion." 13. (20) Focusing on the tax cut of 1982, the personal current tax receipts for 1985, three years after the tax cut is $ QUESTION 14 14.(20) Focusing on the tax cut of 1982, the...

QUESTION 1 01. (1a) Focusing on the tax cut of 1964, the personal current tax receipts for 1963, the year before the tax cut is $ billion." QUESTION 2 02 (1b) Focusing on the tax cut of 1964, the...

QUESTION 9 09. (2a) Focusing on the tax cut of 1982, the personal current tax receipts for 1981, the year before the tax cut is $ billion." QUESTION 10 10. (2b) Focusing on the tax cut of 1982, the...

in order to answer the explain the questions refer to the article below (5 pt.) Explain why the market for WTI crude oil can be viewed as a "perfectly competitive market." How is the price of crude...

QUESTIONS : (5 pt.) Explain why the market for WTI crude oil can be viewed as a "perfectly competitive market." How is the price of crude oil determined? Are there a large number of buyers and...

DAYA COUNSELLING CENTRE: R ESPONSE TO FUNDING CUTS Melissa Jean wrote this case solely to provide material for cl ass discussion. The author does not intend to illustrate either e ffective or...

FINC 340 INVESTMENTS MIDTERM EXAMINATION_04 DIRECTIONS: Here are the questions for the Midterm Examination. Please submit your Midterm Examination Answer Sheet in MS Word format with the following...

EXHIBIT 16-6 Net Operating Loss Carryback and Carryover Summary* Tax Year NOL Originated Carrybacks Carryover Beginning before 2018 Back two years.** Can offset 100% of taxable income before the...

Anyone can help me with requirement 3? Effect of assumed sales growth on vendor allowances. Tesco's Financial Reporting of Vendor Allowances1 The Company2 Tesco PLC (hereafter, Tesco, or the Company)...

Find the equation of the tangent line to the curve y = (x-4) (x + 1)2 at the point (5,36). The equation of the tangent line to the curve at the given point is y = (Type an expression using x as the...

During the nearly three decades from the 1980s to 2007, developed economies and, especially, the US experience low volatility in inflation, employment and economic growth. Thus, in historical...

A securities issue placed with one or a few large institutional investors is called an IPO. True False

Draw a class diagram and its relationship based on the following statements. You can use any UML tool/software to represent your class diagram. Do NOT copy and paste your diagram, use the attachment...