Which of the Following Is NOT an Action That Can

question 72

Multiple Choice

Which of the following is NOT an action that can reduce your taxes?

• A) Owning a home.
• B) Taking out a consumer loan.
• C) Paying certain work expenses such as union dues.
• D) Depositing money into a flexible spending account (FSA).
• E) Investing in municipal bonds.

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Definitions:

Constitutional Amendments

Changes or additions made to the U.S. Constitution to address evolving needs and values of the country.

Civil War

A war between citizens of the same country, often characterized by a struggle for power, territory, or ideological dominance.

Plessy v. Ferguson

A landmark United States Supreme Court decision that upheld the constitutionality of racial segregation laws for public facilities under the doctrine of "separate but equal."

Rights

Legal, social, or ethical principles of freedom or entitlement; that is, rights are the fundamental normative rules permitting or obliging actions.