The alternative minimum tax (AMT) was created to
A) make sure poor people paid at least something in taxes.
B) make sure that everyone had an equal chance of facing a tax audit.
C) make sure that everyone paid the same proportion of their income in taxes.
D) make sure that upper income taxpayers could not use deductions to avoid paying income taxes.
Correct Answer:
Verified
Q21: The child credit goes to
A)children directly.
B)all households
Q22: Economists generally believe that tax credits and
Q23: If a tax is placed on one
Q24: If a person were given the choice
Q25: The majority of economists would argue that
Q27: An example of the "equity vs. simplicity"
Q28: Vertical equity means that
A)equal people are treated
Q29: A tax code is described as being
Q30: The instructions and rules for the alternative
Q31: If a person were in the 15%
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