Question 9 (2 points) Listen > Which statement about the estate tax is FALSE? The estate tax is unified with the gift tax in the United States The estate tax is extremely progressive Estate taxes apply to all estates greater than $350,000 Many people avoid estate taxes by using complicated maneuvers involving trusts Question 10 (2 points) Listen The overall point from the podcasts you listened to about taxation of food was that People will work very hard to avoid taxes Ramsey rule taxation is efficient but inequitable Tax codes normally get simpler over time The deadweight loss from taxing food is zero Question 11 (2 points) Listen > When a corporation finances an investment project by selling bonds The investors who fund the project pay no taxes on the returns The firm pays corporate taxes on the bond interest it pays out Bondholders pay income taxes on the interest they receive There is a "double tax" on the investment returns Question 12 (2 points) Listen Which of the following would VIOLATE horizontal equity? Your neighbor is poorer than you, and he pays less in taxes Your neighbor earns the same amount you do, and he pays the same amount of taxes Your neighbor earns the same amount you do, but he pays less in taxes Your neighbor is richer than you, but he pays less in taxes