In 2015,the federal income-tax rate was graduated in ________ steps,with the top rate applying to incomes above approximately ________.
A)eight; $40 000
B)eight; $120 000
C)three; $81 000
D)three; $100 000
E)four; $138 000

Question

Quizplus · Accepted Answer

According to the question, the federal income-tax rate was graduated in steps, and the top rate applied to incomes above approximately a certain amount. Option E is the only choice that has four steps, and the top rate applies to incomes above approximately $138,000. Therefore, option E is the best choice.

In 2015,the Federal Income-Tax Rate Was Graduated in ________ Steps,with