The Benefits of a Flat Tax Include All of the Following

question 49

Multiple Choice

The benefits of a flat tax include all of the following except

• A)Elimination of exemptions for children.
• B)Simplicity.
• C)Only one tax bracket.
• D)No deductions or exemptions.

---

Definitions:

Service Business

A type of business that provides intangible products, such as time, expertise, or activities, where physical goods are not transferred to the customer.

Pet Groomer

A professional who cleans, trims, and styles pets' coats, nails, and fur to maintain their appearance and hygiene.

Lawn Care

The maintenance and management of gardens, yards, or other grassy areas to ensure healthy growth and aesthetic appeal.

Limited Liability Company

A business structure that combines the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation.