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The business and occupation tax (often abbreviated as B&O tax or B/O tax) is a type of tax levied by the U.S. states of Washington, West Virginia, and, as of 2010, Ohio, [1] and by municipal governments in West Virginia and Kentucky. [2] It is a type of gross receipts tax because it is levied on gross income, rather than net income.
Despite this, individual income tax revenue only dropped from 8.7 to 8.5% of GDP over that time, and total federal revenue was 18.5% of GDP in both 1979 and 2007, above the postwar average of 18%. [114] Tax code changes have dropped millions of lower earning people from the federal income tax rolls in recent decades.
Six of the states allow a full or partial deduction for federal income tax. [7] In addition, some states allow cities and/or counties to impose income taxes. For example, most Ohio cities and towns impose an income tax on individuals and corporations. [8] By contrast, in New York, only New York City and Yonkers impose a municipal income tax.
WABC-TV (channel 7) is a television station in New York City, serving as the flagship of the ABC network. Owned and operated by the network's ABC Owned Television Stations division, WABC-TV maintains studios in the Hudson Square neighborhood of Lower Manhattan , co-located with ABC's corporate headquarters.
WABC (AM), New York City radio station (770 AM) WABC-TV, New York City TV station (channel 7) WPLJ, New York City radio station (95.5 FM), which held the call sign WABC-FM from 1953 until 1971; WHSQ, New York City radio station (880 AM), which held the WABC call sign from 1926 until 1946; WWNC, Asheville, North Carolina radio station (570 AM ...
He had been with WABC-TV from 13 December 1989 until 5 February 2019. [2] ... WPLJ-FM and sister stations NASH FM 94.7 and 77WABC in New York City. [3]
Similarly, tax protester Tom Cryer, who was acquitted of willful failure to file U.S. Federal income tax returns in a timely fashion, [87] argued that "the law does not tax [a person's] wages", and that the federal government cannot tax "[m]oney that you earned [and] paid for with your labor and industry" because "the Constitution does not ...
Males had a median income of $38,382 versus $25,591 for females. The per capita income for the city was $20,721. About 6.1% of families and 7.4% of the population were below the poverty line, including 12.9% of those under age 18 and 6.9% of those age 65 or over.