The example in the text of tax relief to lower-income families and the elderly based on a ratio of tax burden to personal income is called

Question

Quizplus · Accepted Answer

The example in the text is describing the use of a ratio of tax burden to personal income to provide tax relief to lower-income families and the elderly. This is commonly referred to as a circuit-breaker exemption or easement, making choice D the correct answer. The other choices (A, B, C, and E) do not accurately describe this tax relief concept.

The Example in the Text of Tax Relief to Lower-Income