The Political Compromise Reached on Taxation in the First Half

question 47

Multiple Choice

The political compromise reached on taxation in the first half of the twentieth century included

• A)high marginal tax rates and numerous loopholes.
• B)low marginal tax rates and numerous loopholes.
• C)high marginal tax rates and few loopholes.
• D)low marginal tax rates and few loopholes.
• E)None of these choices is true.

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