"> (Answered) Question 1 1. The US tax code was authorized by? - Tutorials Prime

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(Answered) Question 1 1. The US tax code was authorized by?


Question 1 1. The US tax code was authorized by?


couple questions to go over and get the correct answerQuestion 1

 

1.

 

The US tax code was authorized by?

 

Congress

 

The Senate

 

An amendment to the

 

constitution

 

The President

 

5 points

 

Question 2

 

1.

 

The US tax code is designed to:

 

Promote economic and social policies

 

Raise money for international programs

 

Raise money for the federal government

 

Raise money for the state governments throughout

 

the country

 

5 points

 

Question 3

 

1.

 

Not every taxpayer will have the same Fling status. All of the following Fling statuses

 

are acceptable EXCEPT:

 

Head of household

 

Married Fling

 

separately

 

Single

 

Single Fling a joint

 

return

 

5 points

 

Question 4

 

1.

 

Tax rates:

 

Are the same for all individuals but businesses have di±erent rates

 

Are lower as an individual's income increases

 

Vary depending on Fling status

 

Have remained fairly constant over the last 50 years with increases

 

due to in²ation

 

5 points

 

Question 5

 

1.

 

Adjusted gross income is calculated

 

After the earned income credit is

 

deducted

 

Before student loan interest is deducted

 

Before tax credits are deducted

 


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About this Question

STATUS

Answered

QUALITY

Approved

DATE ANSWERED

Jan 02, 2020

EXPERT

Tutor

ANSWER RATING

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