During the past three decades, the level of federal payroll tax has ________, and the level of federal corporate taxes has ________.

Question

Quizplus · Accepted Answer

The level of federal payroll tax has risen over the past three decades due to various reasons such as expansions in Social Security and Medicare programs. On the other hand, the level of federal corporate taxes has fallen over the past three decades due to various tax cuts and incentives provided to corporations.

During the Past Three Decades, the Level of Federal Payroll