Which of the Following Formulas Is Most Representative of a Negative

question 241

Multiple Choice

Which of the following formulas is most representative of a negative income tax proposal?

• A)Taxes Owed = (1/4 of Income) × $2
• B)Taxes Owed = (1/2 of Income) × 3/4
• C)Taxes Owed = (1/2 of Income) + $15,000
• D)Taxes Owed = (1/3 of Income) - $15,000

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