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Sallie earned $85,000 and paid $5,950 of income tax; Theodore earned $33,000 and paid $2,310 of income tax. The tax rate structure they are subject
Sallie earned $85,000 and paid $5,950 of income tax; Theodore earned $33,000 and paid $2,310 of income tax. The tax rate structure they are subject to is:
Multiple Choice
Recessive.
Progressive.
Regressive.
Proportional.
.
.
The tax liability for a single individual with taxable income of $68,312 is:
Multiple Choice
$9,316.
$11,334.
$12,817.
$12,820.
.
.
Federal tax legislation generally originates in which body?
Multiple Choice
Senate Finance Committee.
Internal Revenue Service.
Supreme Court.
House Ways and Means Committee.
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