If a Person Were in the 25% Tax Bracket and Given

question 5

Multiple Choice

If a person were in the 25% tax bracket and given the choice of a $500 credit or a $2500 deduction

• A)he would take the deduction every time.
• B)he would take the credit every time.
• C)he would not care. They would constitute the same tax benefit.
• D)he would not qualify for either.

---

Definitions:

Mississippi Freedom Democratic Party

A political party formed in 1964 as an alternative to the then all-white Mississippi Democratic Party, aiming to challenge racial discrimination and promote civil rights.

National Democratic Convention

A major political event where the Democratic Party in the United States selects its presidential and vice-presidential candidates.

Affiliation

The relationship or association between individuals or organizations.

Rosa Parks

An African American civil rights activist best known for her pivotal role in the Montgomery Bus Boycott.