Under the Current Federal Income Tax Laws,a Person Who Has

Multiple Choice

Under the current federal income tax laws,a person who has a high income is likely to

A) pay a larger percentage of income in taxes than the average taxpayer.
B) pay a smaller percentage of income in taxes than the average taxpayer.
C) receive a substantial benefit from the earned income tax credit.
D) spend a larger fraction of total income than a low-income taxpayer.