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Author Question: Congress passed the alternative minimum tax in order to a. impose a tax on needy families without ... (Read 71 times)

sabina

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Congress passed the alternative minimum tax in order to
 
  a. impose a tax on needy families without taxing their actual income.
  b. keep individuals from exploiting deductions and credits to cut their income tax below what is appropriate for their income.
  c. prevent large corporations from offshoring to reduce their taxes.
  d. reduce the tax burden on low income families.
  e. reduce the tax burden on the wealthy.

Question 2

The alternative minimum tax is the parallel tax system with
 
  a. a more limited set of tax preferences than the regular income tax.
  b. more allowable deductions and credits.
  c. a lower rate of taxation, designed for individuals falling below the poverty line.
  d. limits on the rate at which students are taxed on summer employment.
  e. greater flexibility for the wealthy.



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Dinolord

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Answer to Question 1

ANS: B

Answer to Question 2

ANS: A




sabina

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Reply 2 on: Jul 9, 2018
:D TYSM


jojobee318

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Reply 3 on: Yesterday
Gracias!

 

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