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.
Correct Answer:

Verified
Correct Answer:
Verified
Q50: The U.S.Social Security tax is designed to
Q51: Government transfer payments are basically defined as:<br>A)those
Q52: Which of the following taxes, as structured
Q53: State and local governments spend more each
Q54: Inefficient government can cause an economy to
Q56: A shift from progressive direct taxes to
Q57: "Fiscal policy" is the economist's name for
Q58: Government intervention is necessary to control breakdowns
Q59: Laissez-faire policies in the United States gave
Q60: The principal source of local government revenue