Which of the following statements best describes the status of the total federal tax burden on U.S. citizens since the 1950s?
A. It increased slightly.
B. It increased dramatically.
C. It stayed about the same.
D. It decreased.
Answer (2)
The total federal tax burden on U.S. citizens has increased dramatically since the 1950s, reflected in revenue trends and economic changes. Higher rates in the past transitioned into a broader tax base with lower individual rates, leading to increased federal revenue. Consequently, while tax rates have evolved, the overall burden in terms of total money collected has risen significantly. ;
The total federal tax burden on U.S. citizens has increased dramatically since the 1950s, evidenced by higher federal revenue over time. Although tax rates have lowered, the overall economic contribution has risen due to a broader taxpayer base. The chosen option is B: It increased dramatically.
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