Which of the following is needed to implement the income shifting strategy?
A) taxpayers with varying tax rates.
B) decreasing tax rates.
C) increasing tax rates.
D) unrelated taxpayers.
E) none of these.

Question

Quizplus · Accepted Answer

The income shifting strategy involves shifting income from a higher taxed individual to a lower taxed individual, which requires the existence of taxpayers with varying tax rates. Therefore, the correct answer is A.

Which of the Following Is Needed to Implement the Income