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    Federal Taxation
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    Exam 1: Understanding and Working With the Federal Tax Law
  5. Question
    The Federal Income Tax Is Based on a Pay-As-You-Go System
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The Federal Income Tax Is Based on a Pay-As-You-Go System

Question 28

Question 28

Essay

The Federal income tax is based on a pay-as-you-go system and has become a "mass tax." Explain this statement.

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The pay-as-you-go system is present in t...

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