According to the Textbook (Based Upon 2014 Data),if the Bottom

question 105

Multiple Choice

According to the textbook (based upon 2014 data) ,if the bottom half of all U.S.income tax payers were allowed to stop paying the income tax entirely and the top 50% continued to pay as they do now,tax revenues to the government would drop by about

• A) 2.75 percent.
• B) 15.7 percent.
• C) 23.9 percent.
• D) 33.3 percent.
• E) 50.8 percent