Leonardo Earns $80,000 of Taxable Income

Multiple Choice

Leonardo earns $80,000 of taxable income. He also has $15,000 in city of Tulsa bonds. His wife, Theresa, earns $50,000 of taxable income. Eliminating the current system of withholding income taxes directly from employee paychecks would:

A) Violate the convenience criterion of federal taxation
B) Increase the rate of compliance
C) Make collection of federal income taxes easier
D) All of these
E) None of these