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If One Looks at U

question 8

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If one looks at U.S. Census data and finds that the average white salary is $39,000 while the average black salary is $36,000, which of the following is not likely to be a significant cause of this difference given U.S. labor market demographics?


Definitions:

Tax Liability

The total amount of tax owed to the government by an individual, corporation, or other entity by a specified date.

Income Tax Return

The form or forms used to report income to a federal, state, or local tax authority and to calculate taxes owed.

Form W-3

The transmittal form used to submit information on total wages paid and taxes withheld from all employees' wages to the IRS, accompanying the W-2 forms.

Wage Income

Earnings received by an employee as a result of their employment, typically in the form of a salary or wages.

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