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Double-Taxation in the U.S.tax System Generally Refers To

Question 55

Multiple Choice

Double-taxation in the U.S.tax system generally refers to:


A) the fact that both employers and employees pay a payroll tax.
B) the taxation as regular income of dividends paid to stockholders out of profits upon which taxes have already been paid.
C) the occasional imposition of a tax surcharge on the personal income tax paid by Americans to their federal government.
D) the doubling of the corporate profits tax rate as corporations' incomes climb above $100,000.
E) none of the above.

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