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Which of the Following Statements Is True

Question 23

Multiple Choice

Which of the following statements is true?


A) The capital gains tax rate reached its all-time low during 2003-2012 in the U.S.
B) The capital gains tax rate reached its all-time low during the 1970s in the U.S.
C) The capital gains tax rate was nearly 40 percent during 2003-2012 in the U.S.
D) The incomes of the top 1 percent were likely overstated in early 2000s in the U.S.

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