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Which of the following statements about a value added tax (VAT) is false? a. A VAT operates similarly to a sales tax. b. The United

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Which of the following statements about a value added tax (VAT) is false? a. A VAT operates similarly to a sales tax. b. The United States has imposed a VAT since 1913. C. A VAT has been proposed in the United States to replace part of the income tax. d. Many countries use a VAT. Federal excise taxes that are no longer imposed include: a. Tax on air travel. b. Tax on wagering. Oc. Tax on alcohol Od. None of these choices are correct. "Bracket creep" is avoided by: a. The statute of limitations. b. Adjusting the rate brackets for inflation annually. c. Using sunset provisions. d. Providing special tax rules for small businesses

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