Question: Determine whether the following statement makes sense or does not make sense, and explain your reasoning. My employer withholds the same amount of federal tax

Determine whether the following statement makes sense or does not make sense, and explain your reasoning. My employer withholds the same amount of federal tax on my first dollars of earnings and my last dollars of earnings. Choose the correct answer below. A. This statement makes sense. Since income tax is a percentage of your income, the increased income means increased taxes. B. This statement does not make sense. Since income tax is a fixed amount, my employer withholds the same amount of federal tax on my first dollars of earnings and my last dollars of earnings. C. This statement does not make sense. Since income tax is a percentage of your income, my employer withholds the same amount of federal tax on my first dollars of earnings and my last dollars of earnings. D. This statement makes sense. Since income tax is a fixed amount, the increased income means increased taxes

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