Author Question: The number of private state banks decreased after the First Bank of the United States lost its ... (Read 72 times)

gonzo233 · **on:** Jun 30, 2018

The number of private state banks decreased after the First Bank of the United States lost its charter.

Indicate whether the statement is true or false

Question 2

Tax policies involving increases in taxes paid by the private sector

(a) are generally tolerated when incomes are rising faster than taxes.
(b) are always opposed by the private sector.
(c) are death to politicians concerned about re-election.
(d) are progressive when the lowest income bracket pays the highest
percentage of total income.