If Tax Rates Are Increasing

question 80

Multiple Choice

If tax rates are increasing:

• A)taxpayers should accelerate income.
• B)taxpayers should defer deductions.
• C)taxpayers should defer income.
• D)you need more information to make a recommendation.
• E)None of the choices are correct.

---

Definitions:

Superordinate Goals

Common goals that can only be achieved by two or more groups working together, thus promoting cooperation and reducing conflict between the groups.

GRIT

A psychological trait that describes an individual's perseverance and passion for long-term goals.

Homosexual

Pertaining to sexual attraction or sexual activity between members of the same sex or gender.

Large Percentage

Referring to a substantial portion or share of a total amount.