Tax Cuts Authorized Between 2000 and 2004 Tended to Favor

question 55

True/False

Tax cuts authorized between 2000 and 2004 tended to favor the rich,but the federal tax system remains progressive overall.However,taxes at the state and local level are regressive.

---

Definitions:

Egoism

Giving to another person to ensure reciprocity; to gain self-esteem; to present oneself as powerful, competent, or caring; or to avoid social and self-censure for failing to live up to society’s expectations.

Altruism

A selfless concern for the well-being of others without expectation of reward or recognition.

Personal Gain

Pursuing actions or decisions primarily for self-benefit or personal advantage.

Cognitive Dissonance Theory

A concept in social psychology that describes the discomfort felt by an individual who holds contradictory beliefs, ideas, or values.