Which of the Following Is Not a Problem with Examining

question 34

Multiple Choice

Which of the following is not a problem with examining the progressivity of the tax system over a lifetime?

• A)The uncertainty over future tax code changes make forecasting of future taxes nearly impossible.
• B)Such accounting does not consider what the taxes are spent on.
• C)The fact that poor people do not live as long as wealthy individuals.
• D)Accurately estimating who is actually paying taxes.

---

Definitions:

IRS Tax Levy

A legal seizure by the Internal Revenue Service to capture property or assets to satisfy a tax debt.

Health Insurance Premiums

Payments made to health insurance companies to maintain coverage and ensure medical care is covered, often deductible on taxes.

Coverdell Education

A savings account designed to help families pay for educational expenses, from elementary through post-secondary.

CESA

Coverdell Education Savings Account; a tax-advantaged investment account in the U.S. designed to encourage savings for future education expenses.