Which statement is true?
A) The Kemp-Roth Tax Cut of 1981 and the Tax Reform Act of 1986 both lowered federal personal income tax receipts.
B) The Kemp-Roth Tax Cut of 1981 and the Tax Reform Act of 1986 raised federal personal income tax receipts.
C) The Kemp-Roth Tax Cut of 1981 raised federal personal income tax receipts while the Tax Reform Act of 1986 lowered them.
D) The Kemp-Roth Tax Cut of 1981 lowered federal personal income tax receipts while the Tax Reform Act of 1986 raised them.
Correct Answer:
Verified
Q2: Which statement is true?
A)The Social Security tax
Q3: In 2010,a person earning $300,000 would pay
Q4: The role of government has grown tremendously
Q5: The fastest growing source of federal tax
Q6: The most important source of state tax
Q8: The key agency in the preparation of
Q9: Each of the following is an indirect
Q10: Most poor families pay _ federal personal
Q11: The largest source of federal tax revenue
Q12: The sales tax is the most important
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