Why is it necessary for the government to force people to pay taxes?
a. many people object to the transfer payments that taxes cover.
b. people with high incomes don't want to pay higher taxes.
o
c. the public goods the government provides suffer from a free-rider
problem.
o
d. defense contracts charge the government high prices to provide
weapons.

Jacob is a member of wcc (an llc taxed as a partnership). jacob was allocated $155,000 of business income from wcc for the year. jacob’s marginal income tax rate is 37 percent. the business allocation is subject to 2.9 percent of self-employment tax and 0.9 percent additional medicare tax. (round your intermediate calculations to the nearest whole dollar a) what is the amount of tax jacob will owe on the income allocation if the income is not qualified business income? b) what is the amount of tax jacob will owe on the income allocation if the income is qualified business income (qbi) and jacob qualifies for the full qbi duduction?