Because of Which Provision in the Tax Code Did More

question 463

Multiple Choice

Because of which provision in the tax code did more than one-third of all taxpayers either have a zero tax liability or actually receive money from the IRS in 2006?

• A) Earned Income Tax Credit
• B) Standard Deduction
• C) Marginal Tax Rate
• D) Families with Low Income Credit

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Definitions:

Series RC

An arrangement of a resistor and capacitor in a single line within a circuit, which influences the time constant and frequency response.

Bill of Rights

The first ten amendments to the United States Constitution, ratified in 1791, guaranteeing fundamental rights and protections to American citizens.

British Precedent

Legal or societal practices and concepts originating from Britain that have influenced or served as a model for other jurisdictions and processes.

Declaration of Independence

A historic document adopted on July 4, 1776, by the Continental Congress, declaring the thirteen American colonies independent from British rule.