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23 April, 14:51

The federal income tax system is?

A. Efficient

B. Simple

C. Regressive

D. Equitable (fair)

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Answers (2)
  1. 23 April, 16:17
    0
    The federal income tax is built on a progressive tax system, where higher income earners are taxed at a higher rate ... In effect, the amount of taxable income that one earns determines which tax bracket he would fall into.
  2. 23 April, 17:41
    0
    Answer: A. Efficient
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