Multiple Choice
The type of tax that yields the highest amount of revenue to all U.S.governments (federal,state,and local combined) is the _________ tax.The tax that yields the second-highest amount is the ________ tax.The tax that yields the least amount of revenue is the _________ tax.
A) payroll; individual income; wealth
B) payroll; individual income; corporate
C) individual income; payroll; corporate
D) individual income; consumption; wealth
Correct Answer:

Verified
Correct Answer:
Verified
Q38: There is a 20% tax on the
Q39: Which consideration best characterizes the justification for
Q40: Which item was the largest tax expenditure
Q41: Which tax is paid by consumers to
Q42: The American Taxpayer Relief Act of 2012:<br>A)
Q43: Approximately what percentage of federal government revenue
Q44: In 2015,the lowest tax rate on taxable
Q45: Which of the following is equal to
Q46: A tax system is marriage neutral if:<br>A)
Q48: Which of the following is TRUE?<br>A) Less-developed