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Which of the following is NOT a feature of individual taxation? Group of answer choices Individuals pay taxes on wages and salaries, on investment income,
Which of the following is NOT a feature of individual taxation?
Group of answer choices Individuals pay taxes on wages and salaries, on investment income, and on the profits of proprietorships and partnerships.
Individuals face progressive tax rates
. Long-term capital gains are taxed at a lower rate than ordinary income.
Short-term capital gains are taxed at the same rate as ordinary income.
interest on both corporate and municipal bonds is subject to Federal taxation.
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