Multiple Choice
Which of the following statements is true ?
A) A sales tax on food is a regressive tax.
B) The largest source of federal government tax revenue is individual income taxes.
C) The largest source of state and local governments tax revenue is sales and excise taxes.
D) All of the above are true.
E) None of the above are true.
Correct Answer:
Verified
Correct Answer:
Verified
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