Please answer the questions each with a brief explanation.

42. 43. 44. 45. "Bracket creep" (that is, non-neutrality of the income tax because of inflation) would not be a serious problem with a flat rate income tax. A) True. B) False. A value added tax has the drawback of creating a cascading of taxes, i. e., the multiple taxation of the same base. A) True. B) False. Tax avoidance measures have little impact on corporate taxes in the United States. A) True. B) False. If a flat-rate tax-exclusive rate on comprehensive consumption yields the same revenue as a flat-rate tax-inclusive rate on comprehensive income, the tax rates for the two taxes must be approximately equal. A) True. B) False.