What is the structure of the U.S. income tax system? A. The U.S. income tax system is
Question:
What is the structure of the U.S. income tax system?
A.
The U.S. income tax system is a progressive tax system where the marginal tax rate exceeds the average tax rate.
B.
The U.S. income tax system is a regressive tax system since higher income individuals pay a higher tax.
C.
The U.S. income tax system is basically a proportional tax system since all people with the same income pay the same tax.
D.
The U.S. income tax system only considers the average tax rate for an individual.
What is the structure of the U.S. income tax system? A. The U.S. income tax system is a progressive tax system where the marginal tax rate exceeds the average tax rate. B. The U.S. income tax system is a regressive tax system since higher income individuals pay a higher tax. C. The U.S. income tax system is basically a proportional tax system since all people with the same income pay the same tax. D. The U.S. income tax system only considers the average tax rate for an individual.
Engineering Mechanics Statics & Dynamics
ISBN: 9780134895154
15th Edition
Authors: Russell C. Hibbeler