Which statement is false?
A) There are now nine federal personal income tax brackets.
B) Most people pay more in Social Security tax than in personal income tax.
C) We pay more in direct than indirect taxes to the federal government.
D) None is false.
Correct Answer:
Verified
Q29: The property tax is the most important
Q30: Which of the following pairs represents the
Q31: Which statement is false?
A)The corporate income tax
Q32: Most excise taxes are
A)progressive.
B)proportional.
C)regressive.
Q33: The federal government's fiscal year is _
Q35: The corporate income tax is
A)direct.
B)indirect.
C)neither direct nor
Q36: The Social Security tax is
A)direct and progressive.
B)direct
Q37: Which of the following statements does not
Q38: The economic policy of the U.S.government could
Q39: Under the Tax Reform Act of 1986
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