income tax

1. All U.S. taxes are based on an individual's income. (a.) True b. False 2. A regressive tax structure is one in which the average tax rate increases as the tax base decreases. a. True b. False 3. To be guilty of tax evasion, you must: a. Try to maximize profits. b. Try to minimize your tax liability. c. Arrange your affairs so as to keep your taxes as low as possible. d. Refuse to disclose a tax liability based on a completed transaction. 10. Which of the following is a primary source of tax authority: a. revenue ruling b. Tax Court case. c. temporary regulation. d. all of these