Examlex
Which of the following is not true?
Current Taxes
Taxes that are due and payable within the current fiscal or tax year.
Personal Income Taxes
Taxes imposed on individuals or households by the government based on their income, where the tax rate increases as the taxable amount of income increases.
Adult Americans
Adult Americans refer to individuals within the United States who are legally recognized as adults, typically 18 years of age or older.
Tax Liability
The total amount of taxes owed by an individual, corporation, or other entity to a taxing authority such as the government.
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