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Exhibit 16-3  Income for Two Persons in Exhibit 16-3, If

Question 58

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Exhibit 16-3  Income for two persons Exhibit 16-3  Income for two persons   In Exhibit 16-3, if the income tax system is currently progressive, we know that: A)  Meredith has a larger tax bill than Hillary, although they pay the same tax rate. B)  Hillary has a larger tax bill than Meredith, although they pay the same tax rate. C)  Meredith has a larger tax bill than Hillary and pays a higher tax rate. D)  Hillary has a larger tax bill than Meredith and pays a higher tax rate. E)  Meredith and Hillary's tax bills are equal. In Exhibit 16-3, if the income tax system is currently progressive, we know that:


A) Meredith has a larger tax bill than Hillary, although they pay the same tax rate.
B) Hillary has a larger tax bill than Meredith, although they pay the same tax rate.
C) Meredith has a larger tax bill than Hillary and pays a higher tax rate.
D) Hillary has a larger tax bill than Meredith and pays a higher tax rate.
E) Meredith and Hillary's tax bills are equal.

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