2

A proportional tax rate structure is a tax where the tax rate remains at the same rate regardless A = True B = False State and local taxes levied on either property or sales arc examples of progressive taxes. A = True B = False With a regressive tax, the tax rate decreases s the tax base gets larger. A = True B = False There are two types of primary tax authority: statutory and judicial. A = True B = False Typically, federal tax legislation is introduced in the Senate Finance Committee A = True B = False IRS Regulations are by far the strongest administrative authority A = True B = False A Private Letter Ruling is considered to be tax authority only to the taxpayer to whom it is issued. A = True B = False