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The American Taxpayer Relief Act of 2012

Question 42

Multiple Choice

The American Taxpayer Relief Act of 2012:


A) made all of the 2001 tax cuts permanent.
B) increased the top tax rate from 35% to 39.6%.
C) allowed all of the 2001 tax cuts to expire.
D) reduced the top tax rate from 39.6% to 35%.

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