Asked by
Naomi Echeverria
on Oct 13, 2024
Verified
Which of the following years was there NOT a federal income tax cut?
A) 1981
B) 1986
C) 1993
D) 2001
E) 2003
Federal Income Tax
Federal income tax is a tax levied by the national government on individuals' and corporations' annual earnings, contributing to federal revenue.
- Gain insight into the developments of tax regulations and shifts in fiscal policy throughout recent decades.
Verified Answer
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Learning Objectives
- Gain insight into the developments of tax regulations and shifts in fiscal policy throughout recent decades.