State Taxation Essay Example | Topics and Well Written Essays - 1250 words

State Taxation - Essay Example Over this, many counties and municipalities levy their own taxes and that has been found to be as high as 9.9%. Maryland has different slabs of personal Income Tax rates. For top of the bracket income (over $500,000) applicable tax rate is 5.5%. For the income below $150,000 per year, income tax rate is 5.0% and for the income in between $150,000 and $500,000 the income tax rate is 5.25%. State does not charge property tax but counties of Maryland do charge property tax and the rate varies between 1.357$ and $ 5.67 per $100 of assessment. Most of the counties charge close to $2.1 per $100 property valuation (Maryland Taxes, 2012). Pennsylvania levies a 6% state sales tax on goods and services providing exemption to the prescription drugs, clothing, residential heating fuels, textbooks and food items. Local counties such as Philadelphia and Allegheny charge additional 1% of the tax making it total 7%. The state of Pennsylvania does not charge taxes on personal property or real estate; however, local municipalities do charge those taxes only on real estate, land or building. The tax is not charged on other kinds of properties such as cars or inventories (Powell, Albrecht). A minimum sales tax charged in Florida is 6 percent. Besides, state permits each county to charge its own local tax that is applicable over and above state sales tax. Counties in Florida have been found to charge taxes between 6 and 7.5 percents. Florida is costliest among all states on the property tax; however, homestead exemptions up to $50,000 can be availed by Florida residents. Homestead exemptions are available to homeowners who stay in the home as primary residence. Florida does not impose gift tax, inheritance tax or intangible personal property tax on the residents. It is worth noting that while buying home in South Florida, closing cost is also a kind of expense that needs to be considered.

The Theory of Population Assignment Example | Topics and Well Written Essays - 1000 words

The Theory of Population - Assignment Example The term population cohort is even recognized as population pyramid and this concept forwards the notion that a particular population comprises of organisms that are similar in nature and interbreed in a particular area. The theory states that population changes in three different stages including the growth stage in which population experiences an increase as a result of abundant sources for nutrition and low competition for those sources. The second stage is the stability stage in which population growth increases at a stable rate because of the decrease in resources and increase in competition. The third stage is the decline in which the population growth decreases as a result of lack of resources and ultimately the population comes to an end. The term Islam is used to refer to the submission to what the God wills. This means that the believers in the religion of Islam give precedence to the God’s will over their own will in various endeavors of their life including daily activities, believes and ideas. The term Muslim is used to refer to an individual who follows the religion of Islam and is an individual who has surrendered himself to their God called Allah. This means that a Muslim is an individual who has given himself in the hands of God and has allowed God to decide what the individual should and should not do. The religion of Islam is based on five pillars that every Muslim has to accept and abide by. These pillars include the belief that there is no other God in this world except Allah. Furthermore, a believer has to worship Allah five times a day while facing towards Mecca. A believer even has to share his earnings with others in the form of charity and observe fast during the holy month of Ramadan. Lastly, a believer who has the physical, as well as monetary ability, should visit Mecca as a form of pilgrimage.