Which statement is true?
A) Compared with citizens of other industrial countries,Americans are more heavily taxed.
B) Anyone with a taxable income of over $60,000 pays a marginal tax rate of 35%.
C) A greater percentage of Americans pay more in personal income taxes than in payroll taxes.
D) The 2001 recession,the events of 9/11,and the recent federal government spending mandates drove many state governments into serious financial difficulty.
Correct Answer:
Verified
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