The rate on one’s last dollar of taxable income is called the
a. tax bracket.
b. internal tax.
c. deduction.
d. final tax exemption.
e. marginal income tax rate.
ANS: E
You might also like to view...
The text implies that perhaps the best way to be successful in a judicial election is to
a. have a reputation for being tough on crime. b. stay "under the radar" during a campaign to avoid controversy. c. be unaligned with a political party. d. have a famous-sounding name. e. have a reputation for compassion.
Most African Americans support the Democratic Party because
a. of its support for the advancement of the civil rights cause. b. urban voters tend to support Democrats and many African Americans live in cities. c. of Democratic support for looser immigrations laws. d. of its tough stand on "law and order" issues. e. it was the party that ended slavery.