For many U.S.individuals and households,replacing the federal income tax with a consumption tax would not make a major change in their tax liability - the amount they would be taxed.Which of the individuals described would be least affected by replacing the income tax with a consumption tax?
A)A person in the lowest income bracket.This person would pay little or no tax under either system.
B)A high-income individual who saves 35 percent of this income and uses his savings to purchase stocks and bonds.
C)A female head of family,with no husband present.
D)A taxpayer who puts part of her savings into a 401(k)retirement plan and in an Individual Retirement Account.

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The Answer of For many U.S.individuals and households,replacing the federal income tax with a consumption tax would not make a major change in their tax liability - the amount they would be taxed.Which of the individuals described would be least affected by replacing the income tax with a consumption tax?
A)A person in the lowest income bracket.This person would pay little or no tax under either system.
B)A high-income individual who saves 35 percent of this income and uses his savings to purchase stocks and bonds.
C)A female head of family,with no husband present.
D)A taxpayer who puts part of her savings into a 401(k)retirement plan and in an Individual Retirement Account.

For Many U