An attractive characteristic of the personal income tax is: a. It does not tax the poor. b.

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An attractive characteristic of the personal income tax is:

a. It does not tax the poor.

b. It is equitable.

c. It is free from loopholes.

d. It has the ability to raise a considerable amount of money.

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CCH Federal Taxation Basic Principles 2020

ISBN: 9780808051787

2020 Edition

Authors: Ephraim P. Smith, Philip J. Harmelink, James R. Hasselback

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Question Posted: Feb 18, 2024 06:31 AM

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An attractive characteristic of the personal income tax is: a. It does not tax the poor. b.

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CCH Federal Taxation Basic Principles 2020

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